CDSL
Market basicsCentral Depository Services Limited — one of India's two depositories, holding securities in electronic form.
In plain terms
Where your shares actually live. Your broker is the intermediary; the depository is the register.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Depository
Market basicsAn institution (NSDL or CDSL in India) that holds securities in electronic form in investors’ names.
In plain terms
Where your shares actually live — in your name, not your broker’s. This is why a broker failure is survivable.
Depository alerts
Regulation & taxSMS and email notifications sent by NSDL or CDSL on every demat debit.
In plain terms
An independent channel that works even if the broker app is compromised. Turn them on.
e-voting
Regulation & taxElectronic voting on company resolutions through NSDL or CDSL, open for a window before the meeting.
In plain terms
Takes a few minutes and requires no attendance. The notice arrives by email at whatever address your depository has.
NSDL
Market basicsNational Securities Depository Limited — India's other depository, and the older of the two.
In plain terms
Same role as CDSL. Which one holds your account depends on your broker, and both issue a consolidated statement.