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The Depository System In India- A Comparative Study Between NSDL& CDSL

Dr. Anubha Srivastava, Rahul Arora

Abstract


A depository can be compared to a bank. A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities. NSDL and CDSL has a wide network of DPs, operating from over 6000 sites, across the country, offering convenience for an investor to select a DP based on his location. This research paper is based on the performance evaluation of Depositories in India. The research emphasizes on the comparative study of NSDL and CDSL. This research, basically, is helpful to the Depositories to enhance their profitability and use the tools which raise their Income and reduce the expenses. Here, analysis has been done by establishing correlation and doing hypothesis testing to check their financial performance& business performance of NSDL & CDSL during the study period i.e. from year 2008 to the year 2013. The results of the research gives the broad perspective in the field of Investment in the Equity market. In this paper comparative analysis has been done which can be very helpful to both the Depositories in the efforts to increase the financial & business performance.

Keywords


Financial performance, liquidity, Business performance, Correlation, Profitability, Dmat custody etc.

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DOI: https://doi.org/10.18701/imsmanthan.v10i1.5652

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