What does Depository Participant (DP) mean in India?

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What does Depository Participant (DP) mean in India?

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PRADEEP KUMAR 27th Apr, 2023

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PRADEEP KUMAR 27th Apr, 2023

In India, a Depository Participant (DP) is called a Depositary's Agent. They are intermediaries between custodians and investors. The relationship between the DP and the Depositor is governed by an agreement between them under the Depositary Law.

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