CDSL consolidated net up 27 per cent
The Central Depository Services (India) Ltd has reported 27 per cent increase in consolidated net profit for the quarter ended March 31, 2020, at 2818-05-2020
CDSL consolidated net up 27 per cent
The Central Depository Services (India) Ltd has reported 27 per cent increase in consolidated net profit for the quarter ended March 31, 2020, at 28Enticed by lower valuations, India's youth opened trading accounts in March, April
About 1.2 million new accounts were opened with the CDSL in March and April, up from a combined 900,000 in the first two months of the year.With risk assets sinking to multi-year lows in March because of the coronavirus pandemic, retail investors spotted a buying opportunityCDSL contributes 6.8 crore for pandemic relief efforts
Central Depository Services (India) Ltd (CDSL) has contributed 6.82 crore for the ongoing pandemic relief efforts, of which 4 crore is for the PrimEarnings Call Transcript - Central Depository Services (India) Ltd
Full Earnings Transcript: Conference Call between Management and AnalystsCentral Depository Services pips NSDL, now has most demat accounts
CDSL now has 19,721,768 demat accounts and NSDL has 19,638,964 accounts. While CDSL refused to comment on having most demat accounts, NSDL said it was still number 1 on other parametersSebi approves CDSL proposal to set IFSC branch in Gujarat's GIFT City
Central Depository Services (India) Ltd on Monday said it has received approval from markets regulator Sebi for setting up its IFSC (International Financial Services Centre) branch at the GIFT City in Gujarat. CDSL will be the first depository to launch its branch operations from the precincts of IFSC in the GIFT city. "Adding to the list of many firsts, CDSL besides being the first listed depository in India would also be the first depository to set-up its branch at the IFSC Center at GIFT City. We are fully committed to bring in the world class sophistication and services in the products as permitted from time to time. "Additionally, I am sure that it would contribute to the development of the market with the introduction of delivery-based trading to the existing suite of the products traded on the exchanges at the IFSC Center. It would also enable issuers to list their issuances like bonds & depository receipts thereby enhancing the value proposition for the IFSC Center," NehalBSE to sell 4% stake in CDSL through OFS mechanism
The stake-sale is being conducted on the NSE on Thursday for institutional investors and on Friday for retail investors.BSE's M-cap dips below its subsidiary CDSL
CDSL has a well-diversified business model in which 35% of the revenue is fixed, cushioning it from volatility.Shares of BSE have declined 7.8% this year with the exchange continuing to lose market share to its competitor NSECDSL and Uniken collaborate on security solution for mobile applications
The security solution will enhance multi-factor authentication based on 1:1 cryptographic keys with device fingerprinting, among other things.