What is a Depository How Does a Depository Work | HDFC Bank

What is a Depository How Does a Depository Work

All you need to know about Depository!

In simple words, The way a bank holds your money electronically in a bank account and permits you to deposit or withdraw your funds, a depository holds your shares in a dematerialized format while allowing their sale and purchase!

Watch more to know more about how a Depository works.

To know more, visit: https://bit.ly/DematAccount_yt

#Depository #HDFCBank #Investment

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*Disclaimer: Based on Retail Loan book size (excluding mortgages). Source: Annual Reports FY 19-20 and No.1 on market capitalisation based on BSE data as on 31 Dec, 2020