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Who is a Depository Participant (DP)?

Depository DP participant
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Who is a Depository Participant (DP)?

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A7. Depositories appoint agents or depository participants (DPs) approved by Sebi to provide its services to investors. According to SEBI regulations, only three categories of entities i.e. banks, financial institutions and stock exchange members [brokers] registered with SEBI can become DPs.

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