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Nithin Kamath explains why Zerodha chose CDSL over NSDL

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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.

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