How many depositories are there in India?
There are two depository in India NSDL and CDSL NSDL (National Securities Depository Ltd ) NSDL is the first Indian Depository; it was inaugurated in NOV 1996. NSDL was set up with an initial capital of US$28mn, promoted by Industrial Development Bank Of India, UTI, NSEIL (National Stock Exchange of India limited).