Date:09/08/2005 URL: http://www.thehindubusinessline.com/2005/08/09/stories/2005080902281500.htm

Back CDSL admits 3 new DPs

Our Bureau

Mumbai , Aug 8

CENTRAL Depository Services Ltd has admitted three new depository participants, including Development Credit Bank, said a press release from CDSL.

The other PDs are Essar Stocks and Securities, based in Kolkata, and Anugrah Stock and Broking, based in Mumbai.

The number of DPs registered with CDSL has gone up to 283. CDSL has over 5,000 companies as its members and debt instruments registered for demat. The buoyancy in the capital markets has spelled good times for the depositories, especially CDSL which has witnessed over 100 per cent growth in memberships in less than one year.