Google News
logo
Daily Current Affairs
A)
1 Only
B)
2 Only
C)
Both 1 and 2
D)
Neither 1 nor 2

Correct Answer :   1 Only


Central Depository Services (India) Ltd or CDSL recently detected a cyber attack on a few of its internal machines.
 
* It is a government-registered share depository, alongside its other state-owned counterpart National Securities Depository Ltd (NSDL).

* Share depositories hold shares in an electronic or dematerialised form and are an enabler for securities transactions, playing a somewhat similar role to what banks play in handling cash and fixed deposits.

* CDSL was founded in 1999. It is a Market Infrastructure Institution or MII that is deemed as a crucial part of the capital market structure, providing services to all market participants, including exchanges, clearing corporations, depository participants, issuers and investors..

Source : Indian Express

Published On : November 27, 2022
Advertisement