Comment on CDSL introduces PIN-based pre-authorisation for selling stocks

Krish commented on 28 May 2020, 12:44 PM

If you say this is lengthy, flawed and not ideal, check out how the process is in UK & US. The cost is EXTREMELY prohibitive to have an individual account and the process absolutely lengthy. Instead, I have to open something called a CREST / DTC account where the shares are actually not held in your name, but you are only a nominee. Read up on it. Our country’s financial system is actually one of the best in the world, affording freedom, allowing ownership and mainly being far less expensive.

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