Central Depository Services (CDSL) is a leading securities depository. It has received clearance from the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO).
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CDSL facilitates deposits of securities by opening an account. Securities such as shares, debentures and bonds of investors are held in electronic form (dematerialized form) at the depositories. CDSL is promoted by BSE Ltd. BSE holds 50.05% stake in CDSL.