Banking & Finance Articles - Page 106 of 102

Can I opt for the EMI option using my debit card on e-commerce websites?

Vihan Rodrigues
Updated on 30-Jul-2019 22:30:24

117 Views

The online market is worth millions at the moment and there is a complete generation who loves shopping online, especially on EMI. I also purchased a Smart Television on last Diwali and that too on EMIs and still paying. However, I have the satisfaction of giving this as a surprise gift to my ‘die-hard web series’ fan wife who wanted to enjoy the streaming on a larger screen.However, many folks among us get deprived of picking the most needful air-conditioner at the blazing summer or the latest 8th generation laptop for higher studies just because they carry mere a debit ... Read More

What is the difference between CDSL and NSDL?

Shanmukh Pasumarthy
Updated on 30-Jul-2019 22:30:24

350 Views

CDSL stands for Central Depository Services India Ltd and NSDL stands for National Securities Depository Ltd. Depository refers to an organization which holds the stocks of investors and shareholders. NSDL and CDSL are the two apex depositories in India. Just like banks take care of cash and deposits, they hold bonds, stocks etc for the shareholders in electronic form.Functioning of CDSL and NSDLWe need not send share certificates physically for transfers like in the old days, the NSDL and CDSL help to convert and hold shares in the Demat form. Since their establishment, we received huge contributions from both these ... Read More

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