Nithin Kamath explains why Zerodha chose CDSL over NSDL

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Nithin Kamath explains why Zerodha chose CDSL over NSDL

//stocks-investing.news-articles.net/content/202 .. h-explains-why-zerodha-chose-cdsl-over-nsdl.html

Published in Stocks and Investing on Thursday, January 9th 2025 at 9:01 GMT by MSN

Zerodha CEO Nithin Kamath shared insights into the firm's 2016 partnership with CDSL, citing its Bengaluru presence as key. Kamath also highlighted Gujarat's dominance in equity delivery trades despite a declining investor share.

Nithin Kamath, co-founder of Zerodha, explained the company's decision to choose CDSL (Central Depository Services Limited) over NSDL (National Securities Depository Limited) for its depository services. In a recent interview, Kamath highlighted that CDSL offers a more user-friendly interface and better integration capabilities with Zerodha's technology stack. He also mentioned that CDSL's processes are more streamlined, which helps in providing a smoother experience for Zerodha's clients. Additionally, Kamath pointed out that CDSL has been proactive in adopting new technologies and regulatory changes, making it a preferable choice for Zerodha's operational needs. This choice reflects Zerodha's commitment to enhancing customer experience through efficient backend operations.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/top-stocks/nithin-kamath-explains-why-zerodha-chose-cdsl-over-nsdl/ar-BB1r9RrI ]

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