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KNOWLEDGE DESK - DEPOSITORY

Lakshmishree What is a ‘Depository’ ?

A depository is an organization where the securities of an investor are held in electronic form. A depository can be compared to a bank. To avail of the services of a depository, an investor has to open an account with the Depository through a depository participant, just as he opens an account with the bank. Holding shares in the account is akin to holding money in the bank.

Lakshmishree Why should I prefer to buy shares in the depository mode?
Why should I have a demat account?
Lakshmishree How many depositories are there in India ?>
Lakshmishree Who is a depository participant ?
Lakshmishree Who is a Beneficiary Owner (BO) ?
Lakshmishree What is a BO Id ?
Lakshmishree What is a DP Id ?