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CDSL’s New System For Sale Of Equities Has Teething Issues
Introduction of CDSL TPIN will allow investors to sell shares without giving brokers power of attorney.
03 Jun 2020, 02:15 PM IST
A system introduced by Central Depository Services (India) Ltd. that lets individuals sell equity shares without giving their brokers power of attorney went live on Monday, crashed and had to be temporarily rolled back, a senior executive at a leading brokerage told BloombergQuint.As a result, brokerages that had tried to implement the system had to revert to the earlier process. Another attempt to move to the new system will be made...
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