Question
Who promoted Central Depository Services (India) Limited
(CDSL)?Solution
The Bombay Stock Exchange Limited (BSE) and State Bank of India (SBI) initially promoted Central Depository Services (India) Limited (CDSL) in 1999. BSE later sold its stake to leading banks, and CDSL is now a public limited company. As of May 2024, BSE Limited, Standard Chartered Bank, PPFAS Mutual Fund, HDFC Bank, and LIC are the top shareholders of CDSL
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