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CDSL is Canada's largest independent provider of retail banking systems and electronic commerce/switching services.
CDSL delivers IT solutions and services to over 300 financial institutions with over two million customers and delivers switching services through more than 15,000 devices including more than 850 automated teller machines.
This is an area where investors get raked on their returns because there is a thing called CDSL that is attached to Back End Loaded fees.
Sebi has also directed depositories NSDL and CDSL to attach all demat accounts belonging to the two defaulters.
Motilal Oswal Depository Services (MODES) is the second-largest Depository Participant in CDSL with about 5.
Several groups of users of the rink, SORAC (Save Our Rink Action Committee), and CDSL (Cardiff Devils Supporters Ltd), not to mention the management, sledge hockey and skate academy, have all written to him.
The system already closely monitors both Bombay Stock Exchange and National Stock Exchange as well as the two depositories, NSDL and CDSL," sources said.
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