• Dr. Shree Bhagwat
• Ritesh Omre

There are two depositories in India namely NSDL and CDSL. Depository system was the major financial sector reform which was concentrated on strengthening the functioning and operations of capital market. Depository works as the custodian. The principle function of depository is to dematerialize the securities. This study focuses on the comparative analysis of solvency ratios viz. equity ratio, fixed assets to net worth ratio, current assets to net worth ratio, debt ratio, current liabilities to net worth ratio of Indian depositories (NSDL & CDSL) & is based on secondary data. The period of study is 2008-2018.

Depository System, NSDL, CDSL Solvency Ratios, Financial Performance.

"An Analysis of Solvency Ratios of NSDL & CDSL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.498-510, March-2019, Available :http://www.jetir.org/papers/JETIR1903M60.pdf

"An Analysis of Solvency Ratios of NSDL & CDSL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp498-510, March-2019, Available at : http://www.jetir.org/papers/JETIR1903M60.pdf