CDSL was set up with the objective of providing convenient, dependable and secure depository services at affordable cost to all market participants. Central Depository Services Limited, is the second Indian central securities depository based in Mumbai. CDSL Full Form CDSL full form is – Central Depository Services Limited. It is jointly promoted by the century-old Bombay Stock Exchange (BSE), State Bank of India (SBI), Bank of India (BOI), Bank of Baroda, Standard Chartered Bank, Union Bank of India, Axis Bank and HDFC Bank. It is the second most popular public sector depository service in India after NSDL. Gone are the days of physical certificates of stocks and securities. As a result, the hazardous task of physically handling these ...

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