A credit default swap (CDS) is a financial derivative contract between two parties. The buyer of the CDS makes a series of payments to the seller, and in exchange, the seller agrees to pay the buyer in the event of a loan default. Credit default swaps are typically used to protect against the risk of a borrower defaulting on their loan. By buying a CDS, the buyer is essentially taking out an insurance policy on the borrower's loan. There are many different types of CDS contracts, and they can be used to hedge against a variety of risks. This news and analysis section covers the latest news, trends and developments in the credit default swap market.
The Securities and Exchange Board of India (SEBI), working with significant financial institutions such as BSE, NSE, MCX, NCDEX, CDSL, NSDL, AMFI, ANMI, and CPAI erected the 'BHARAT KAA SHARE BAZAAR' Pavilion for the 42nd India International Trade Fair (IITF), which takes place in New Delhi from November 14–November 27, 2023. This campaign reflects the G20 theme of "VASUDHEV KUTUMBKAM"
The stock of CDSL, the only listed depository in the country, zoomed after the company said it had reached the milestone of more than 10 crore registered demat accounts. Nuvama Wealth raised its target price for CDSL shares by Rs 350, or 21 per cent, to Rs 2,020 while maintaining its 'buy' rating on the stock. Get more Stocks News and Business News on Zee Business.
Shares of Central Depository Services (India) Ltd. gained over 6% on Thursday after it became the first depository to register 10 crore dematerialised accounts. The milestone mirrored the post-pandemic spike in the number of equity investors. These demat accounts belong to investors across the country, according to an exchange filing on Wednesday. The total number of demat accounts has increased almost threefold since March 2020.