Central Depository Services’ (India) (CDSL) wholly owned subsidiary -- CDSL IFSC has been recognized as the Bullion Depository in IFSC by the International Financial Services Centres Authority (IFSCA). The Bullion Depository will now facilitate holding and transfer of Bullion viz. Gold initially which will be extended to Silver and any other commodities that is eligible to be held / traded by IFSCA at IFSC, GIFT City.
The Depository will further embark towards achieving the objective of making IFSC the ‘goto’ location for all eligible investors and be the preferred choice amongst the financial and bullion markets.
CDSL was set up with the objective of providing convenient, dependable and secure depository services at affordable cost to all market participants.
