In this video, we break down the concept of depositories and explain their role in the Indian financial system. Learn the difference between a depository and a bank, and understand how depositories like NSDL and CDSL function. Discover the benefits of participating in a depository, the role of depository participants (SEBI-registered entities like banks, financial institutions, and trading members), and the importance of maintaining a minimum balance of securities in your account.
We also explain the ISIN number (International Security Identification Number) and how it uniquely identifies securities. Whether you're a beginner in stock market trading or just curious about the financial world, this video will provide you with clear insights!
Keywords: Depository, NSDL, CDSL, SEBI, Depository Participant, ISIN, Stock Market, Financial Education, Minimum Balance in Depository Account, Benefits of Depository Participation.
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