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Depository Participant (DP) is an organisation that acts as an Agent of the Depository and interacts with the investor.A DP is responsible for maintaining your securities account and operating it only under your written instructions. The Depositories Acts mandates that investors can use Depository facilities only through DP’s. The distribution channel and geographical spread of the DP’s offices allows you to access the Depository at a low cost.
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Depository Participant (DP) is an organisation that acts as an Agent of the Depository and interacts with the investor.A DP is responsible for maintaining your securities account and operating it only under your written instructions. The Depositories Acts mandates that investors can use Depository facilities only through DP’s. The distribution channel and geographical spread of the DP’s offices allows you to access the Depository at a low cost.
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