CDSL has informed the Exchange regarding a press release dated Jun 25, 2025, titled CDSL and IIM Mumbai sign MoU to leverage data analytics.
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CDSL, Asia's only listed depository, has signed a Memorandum of Understanding with IIM Mumbai (ranked 6th in NIRF 2024) to collaborate on data analytics in financial markets. The partnership covers joint consulting, research, case studies, internships, live projects, skill development, and expert sessions. IIM Mumbai will provide advanced support in data analysis, risk management, and strategic decision-making using econometric techniques and machine learning. Both sides will jointly publish whitepapers and research studies, while CDSL's senior leaders will conduct specialised sessions for IIM Mumbai's postgraduate and executive programmes. CDSL currently manages over 15.65 crore demat accounts and works with 580+ depository participants.
This is a non-commercial, knowledge-focused collaboration rather than a revenue-generating deal, so immediate financial impact on shareholders is limited. However, it strengthens CDSL's brand visibility in academic circles, supports talent pipeline development, and positions the company at the forefront of data-driven innovation in India's financial ecosystem — a positive soft signal for long-term positioning.