A DP is a Trusted Guide in the World of Securities, be it a bank, broker, or financial wizard, making your transactions seamless!
A SEBI-authorized depository participant acts as the financial intermediary, akin to banks and brokerages.
Depository: A central facility holding securities electronically for investors.
DP: Authorized entity providing depository services to investors.
Depository: Safekeeping, settlement, and transfer of securities.
DP: Account opening, dematerialization, and transaction services.
Depository: Holds securities on behalf of the investors.
DP: Investors retain ownership of the securities held in their accounts.