The Relevance of the Depository System in India to Non Resident Indians

The risks and cost associated with dealing in the physical form has always been very high for the NRI investors. The depository system, which allows the investor to hold securities in an account and to transfer theses securities by means of account transfers provides an efficient solution to these problems and substantially removes the inconveniences due to geographical distances.

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Source: Yahind

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The Relevance of the Depository System in India to Non Resident Indians