The chapter explores how CDSL has managed to control costs while experiencing a faster growth rate of its Ambit DA compared to its revenues. It discusses the various sources of income for CDSL, including DMAT account openings and securities issuance, and sheds light on potential risks associated with the depository business.
India’s only listed depository hit a massive milestone of 10 crore demat accounts. The number of demat accounts has jumped by nearly 5x since 2020. So in today’s episode for 25th November 2023, we have to talk about the business of the Central Depository Services Limited (CDSL).
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