A Depository facilitates holding of securities in the electronic form and enables
securities transactions to be processed by book entry by a Depository Participant
(DP), who as an agent of the depository, offers depository services to investors.
According to SEBI guidelines, financial institutions, banks, custodians, stockbrokers,
etc. are eligible to act as DPs. The investor who is known as beneficial owner (BO)
has to open a demat account through any DP for dematerialisation of his holdings
and transferring securities.RBG Financial Services Private Limited is a Depository Participant with Central Depository Services Ltd. (CDSL). CDSL is one of the only two Depositories in India for electronic holding of securities. The Company extends Depository Services to its trading clients as well as non-trading clients. The custodial services include electronic holding of securities, Demat, Remat, pledge, unpledged, Market and Off-market transfers, transmission, transposition etc.
