“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
- Robert G. Allen
Depository Participant (DP) is an intermediary between the depository and the investors. It is a representative appointed by the Depository and is sanctioned to offer depository services to the investors. Central Depository Services Ltd (CDSL) is a depositories that deal with several securities like money, property, etc. in an electronic form. CDSL works for Bombay Stock Exchange. CSB offers both risk free and swift depository services.
CSB is a DP of CDSL and following are the services being offered by CSB:
DP-KYC forms "Declaration by the BO"