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Demat 2.0: From Electronic Ownership Records To Programmable Securities Infrastructure
The historical trajectory of Indian securities markets is characterised by progressive technological modernisation anchored in statutory reform. Before the mid-1990s, the issuance and transfer of debt...
The enactment of the Depositories Act, 1996 initiated 'Demat 1.0', establishing an institutional electronic book-entry framework operated by registered depositories, National Securities Depository Limited ('NSDL') and Central Depository Services (Ind... [14240 chars]
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