Raul's company wants to be able to deposit as much of its cash as it can so it will earn higher interest rates. to do this, it should place the cash _______.

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19-12-2022
Business

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Raul's company wants to be able to deposit as much of its cash as it can so it will earn higher interest rates. to do this, it should place the cash _______.

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tutorconsortium275 tutorconsortium275 · Answer 1 · 2022-12-22T03:15:16-05:00

Raul's company wants to be able to deposit as much cash as possible in order to get higher interest rates. To do this, the cash must be placed in a central depository.

What are main depository institutions and types of depositories in India?

There are main depository institutions: Commercial banks. Depository Institution. Credit unions. Thrifts.

In India there are two Depositories: National Securities Depositories Ltd (NSDL) and Central Securities Depositories Ltd (CSDL). Both custodians hold financial assets such as stocks and bonds in electronic form, facilitating their trading on an exchange.

What does Central Depository mean?

A Central Securities Depository (CSD) is a specialized financial institution that holds securities, such as stocks, in certified or non-certified (electronic) form, and is owned through book entries rather than physical certificate transfers. Rights can be easily transferred.

To learn more about Depositories visit:

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