E-PaperDepositor News
CDSL share price slumps over 6% amid report of block deal by Standard Chartered Bank
CDSL share price dropped by over 6% as Standard Chartered Bank plans to sell its entire ownership through a block deal worth up to $151 million. The bank will sell 7.18% of its holdings in CDSL at a floor price of ₹1,672 per share.
2 min read27 Mar 2024CDSL shares may see more upside driven by investor participation, say analysts
As CDSL generates revenues from transaction charges, settlement charges and account maintenance charges paid by depository participants, analysts said believe a rise in trading activities in the stock market to be positive for the depository.
2 min read16 Jun 2023CDSL share price slumps over 4% amid block deal buzz; check details
Central Depository Services (India) share price drops 4.5% after news of block deal, with CNBC-TV18 reporting BSE as the most likely seller for over 5% ownership.
1 min read14 Jun 2023Bank Failure? DICGC to the rescue | Mint Primer
When the bank fails, is your bank deposit safe? Will you get your money back? And if yes, who is responsible for it, and will you get the entire money back? Let us discuss all this in this video.
26 Aug 2022Yes, governor, let’s keep depositors’ money safe
RBI governor Shaktikanta Das said on Wednesday that the interests of bank depositors should take precedence over those of others. This will reassure millions of savers worried about the safety of their money after a string of bank scandals.
1 min read16 Sep 2020Axis Bank to raise Rs15,000 crore via share sale
The bank will raise the money through issuance of equity shares or depository receipts, or any other convertible securities linked to equity sharesWith the move, the bank has joined the trend of equity capital raising many other banks are following to bolster their capital buffers for the future
3 min read2 Jul 2020Anmi asks Sebi to include brokers, depository participants in essential services list
This comes after 75 districts across all India were put on total lockdown in the wake of coronavirus pandemicThree states — Maharashtra, Gujarat and Rajasthan — have issued clarification to authorities to allow employees working in exchanges, broking offices
1 min read23 Mar 2020Why Not Mint Money | When are you eligible for deposit insurance?
After the Punjab and Maharashtra Cooperative Bank (PMC Bank) scam dragged down the confidence of depositors, there was pressure on the government to increase the insurance cover which was static since 1993. Though the deposit insurance cover cap has been raised, there are enough people voicing their concern on social media. In this video, Mint's Disha Sanghvi addresses some of the concerns about deposit insurance.
10 Feb 2020Budget 2020: Govt soothes nerves, hikes bank deposit cover by five times
Ever since the crisis broke out at PMC Bank, there have been demands to raise the insurance cover on depositsThe present ₹1 lakh deposit insurance covers 90% of the total savings accounts
1 min read2 Feb 2020What services do depository participants provide to stock investors?
A depository participant (DP) is the entity appointed by a depository through which its services are provided to investors
1 min read2 Dec 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared