CDSL is Central Depository Securities Ltd. Trade done at Bombay Stock Exchange(BSE) is directly linked to CDSL. Source: http://www.tip4trade.com
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It is the service offered by the Depository for the investors to convert their shares of physical form to electronic form. Depositories are NSDL,CDSL. Depository Participants are the intermediaries for the Depository and the Investor.
Yes, you can transfer shares online from NSDL (National Securities Depository Limited) to CDSL (Central Depository Services Limited) using the Inter-Depository Transfer (IDT) process. This can be done through your Depository Participant (DP) by following these steps: Obtain the CDSL Beneficiary Account Details: Ensure the recipient has an active CDSL demat account. Log in to Your NSDL Demat Account: Use your DP’s online portal or mobile app. Initiate an Inter-Depository Transfer: Select 'Off-Market Transfer' or 'Inter-Depository Transfer' option. Enter the CDSL demat account number (16-digit BO ID) of the recipient. Provide the ISIN (International Securities Identification Number) of the shares. Verify and Authenticate: Confirm details and authenticate using OTP or PIN. Processing Time: Transfers usually take 1-2 business days.
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The full form of something is the words that make up an acronym. For example, the full form of MBA is the Major League Baseball Association.