DEPOSITORY OPERATIONS

Paper Code: 
CBFS 402
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

The course will enable the students to acquire knowledge of depository operations, including the management of securities, account maintenance, transaction processing, regulatory compliance, and the role of depositories in financial markets.

Course Outcomes: 

 

 

Course

 

 

Learning outcome (at course level)

Learning  and Teaching Strategies

Assessment Strategies

Course Code

 

 

Course Title

 

 

CBFS402

 

Depository Operations  (Theory)

 

  1. Critically evaluate the roles and functions of the regulatory bodies of the capital market.

 

  1. Evaluate the legal aspects of depositories and depositories participants
  2.  Open the depository account  and understand the operations of various depository participants including clearing corporations
  3.  Acquire practical aspects of trading, clearing, and settlement procedures.
  4.  Develop an understanding of the operations of special depository services in India
  5. Contribute effectively in course-specific interaction

Approach in teaching: Blended Learning, Collaborative approach, Interactive Lectures, Discussion, Group Projects, PowerPoint presentation.

   

Learning activities for the students:

Self-learning assignments, Seminar presentations, Case Study Analysis, Brainstorming activities

 

Class tests, CA Test,

Semester end examinations, Quiz,

Evaluation of student Presentations,

 

Evaluation of Individual and group projects,

 

Assessment of Project Reports and viva voce.

 

12.00
Unit I: 
Introduction to the Capital Market

Introduction to the Capital Market (12 Hours)
 Introduction to the capital market- Meaning and Function,
 Regulatory environment in the Indian capital market Regulators in the Indian Capital market

12.00
Unit II: 
Introduction to Depository

Introduction to Depository (12 hours)
 Meaning of depository and depository system, need for a depository system,
 Legal framework in which the depositories function in India.
 Functions of a depository.
 Depository and its Business Partners- Understanding depository participants (DPs), Clearing Corporation (CC) and Issuers and Registrar and Transfer Agents.

12.00

Functions of Depository Participant -Account Opening (12 hours)
 Introduction to the Functions of Depository Participant -Account Opening.
 Understand the types of accounts a person can open with a DP, Beneficiary Account, Basic Services Demat Account (BSDA), operation of a Joint Account, Internet Depository Operations of NSDL, Internet Based Depository Operations of CDSL.
 Clearing Member Accounts, Closure of accounts, Freezing of accounts, Changes in client details.
 Accreditation of Investors for Innovators Growth Platform.

12.00

Functions of Depository Participant (12 hours)
 Trading and Settlement Procedure
 Special Services- Pledge and Hypothecation- Concept, Procedure, and Recording of Non-Disposal Undertaking (NDU) in the Depository System

12.00

: Special Depository Services (12Hours)
An overview of Public Offering and Corporate Action, Debt Instruments and Government Securities, Foreign Portfolio Investor and Investor Services

Essential Readings: 

1. Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi
2. Srivastava R.M.-“Management of Indian Financial Institutions” Himalaya Publication, New Delhi
3. Jain, Khanna, Tiwari, “Banking and Public Finance” V.K India Enterprises, New Delhi.
4. Natarajan S, Parameshwaran R, “Indian Banking” S.Chand & Company LTD, New Delhi.
5. NISM MODULE- DEPOSITORY OPERATIONS

References: 

1. Pathak B.V. “ Indian Financial System”, Pearson Publications
2. Regina Sibi Cleetus and , K Sasikumar ,” Capital Market and Depository System in India”New Century Publications.

e-Resources
1. https://www.ajol.info/index.php/smj
2. http://www.kypublications.com/Model.pdf
3. Journal of Financial Markets
4. Journal of Capital Market Studies

Academic Year: 
2023-2024
  • Printer-friendly version
  • PDF version