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Abstract

Technology is revolutionizing every field of human endeavor and activity. Indian capital market is barrow meter of Indian economy; one of them is introduced technology into capital market. A major development in the Indian capital market has been setting up of Depository system. The rapid growth in number, volume and value of securities in the Indian capital market exposed the limitations of handling and dealing securities in the physical / paper mode; the short coming of the market became in the manifest in terms of bad deliveries, delays in transfer and irregular settlement etc. depository used as elixir, bringing solution for all those problems.

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