Organisations Name : National Securities Depository Ltd.
Head of the Organisation: G V Nageswara Rao
Designation: MD & CEO
Services Offered: Basic Services, Value Added Services, NSDL CAS
NSDL is one of the largest depositories which handles most of the securities held and settled in dematerialized form in the Indian capital market. The enactment of Depositories Act in August 1996 paved the way for establishment of NSDL. Using innovative and flexible technology systems, NSDL works to support the investors and brokers in the capital market of the country. NSDL aims at ensuring the safety and soundness of Indian marketplaces by developing settlement solutions that increase efficiency, minimize risk and reduce costs. NSDL develops products and services that will continue to nurture the growing needs of the financial services industry.
NSDL has successfully completed its first digitization of Commercial Paper Issuance process in India. The entire Commercial Paper issuance process from start to end was done electronically, where all the participants viz. Issuer, Investor, IPA, RTA and NSDL completed the process in a digitized way