DP (depository participant)
This query is : Resolved
shankar.m.p
(Querist)
16 September 2009
could anyone tell me who a depository participant is and how is he different from a stock broker ?
shankar.m.p
(Querist)
16 September 2009
and also an example of DP
Ankur Garg
(Expert)
16 September 2009
In indian security system there are 2 depository.
1. National Securities depository limited (NSDL)
2. Central Depository securities.limited (CDSL)
All the shares are with these 2 depositories. There are othere DP in diff. cities/places holding connectivity with NSDL and CDSL.
For example there are various SBI/HDFC bank branches connected with their head office.
1. National Securities depository limited (NSDL)
2. Central Depository securities.limited (CDSL)
All the shares are with these 2 depositories. There are othere DP in diff. cities/places holding connectivity with NSDL and CDSL.
For example there are various SBI/HDFC bank branches connected with their head office.
Message likes :
1 times
shankar.m.p
(Querist)
17 September 2009
thank u sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- GST input credit on commercial property
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
