NSDL

National Securities Depository Limited (NSDL), is the first central securities depository in
India based in Mumbai. It is promoted by institutions of national stature responsible for the
economic development of India and has established a national infrastructure of international
standards that handles most of the securities held and settled in dematerialised form in the
Indian capital market.

Promoters / shareholders
NSDL is promoted by Industrial Development Bank of India Limited (IDBI) - the largest
development bank of India, Unit Trust of India (UTI) - the largest mutual fund in India
and National Stock Exchange of India Limited (NSE) - the largest stock exchange in
India. Some of the prominent banks in the country have taken a stake in NSDL.

Other prmoters:-

 Axis Bank Limited

 State Bank of India
 Oriental Bank of Commerce
 Citibank NA
 Standard Chartered Bank
 HDFC Bank Limited
 The Hongkong and Shanghai Banking Corporation Limited
 Deutsche Bank
 Dena Bank
 Canara Bank
 Union Bank of India

CDSL
Central Depository Limited (CDSL), is the first Indian central securities depository
based in Mumbai. Its main function is the holding securities either in certificated or
uncertificated (dematerialized) form, to enable book entry transfer of securities.

Promoters / shareholders
CDSL is promoted by Bombay Stock Exchange Limited (BSE) jointly with State Bank of
India, Bank of India, Bank of Baroda, HDFC Bank, Standard Chartered Bank, Union
Bank of India and Centurion Bank.