The Securities and Exchange Board of India’s (Sebi) decision to move to a single-registration policy for depository participants has received plaudits from the brokerage industry for ‘simplifying’ the process.At Sebi’s board meet here on Wednesday, the board members reached agreement to grant “single registration for the application of initial registration as well as the permanent registration for operating with both the depositories”.

Source - http://www.financialexpress.com