National Securities Depository Limited (NSDL)

Financial Services

Headquarters: Trade World, A wing, 4th & 5th Floors, Kamala Mills Compound, Lower Parel, Mumbai - 400 013, Mumbai, Maharashtra, India, 400013

Phone: +912224994200

Website: www.nsdl.co.in

Founded: 1996

Employees: 201-1000

Stock Exchange: NA

About National Securities Depository Limited (NSDL)

Although India had a vibrant capital market which is more than a century old, the paper-based settlement of trades caused substa ... ntial problems like bad delivery and delayed transfer of title till recently. The enactment of Depositories Act in August 1996 paved the way for establishment of NSDL, the first depository in India. This depository promoted by institutions of national stature responsible for economic development of the country has since established a national infrastructure of international standards that handles most of the securities held and settled in dematerialised form in the Indian capital market. 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, minimise risk and reduce costs. At NSDL, we play a quiet but central role in developing products and services that will continue to nurture the growing needs of the financial services industry. In the depository system, securities are held in depository accounts, which is more or less similar to holding funds in bank accounts. Transfer of ownership of securities is done through simple account transfers. This method does away with all the risks and hassles normally associated with paperwork. Consequently, the cost of transacting in a depository environment is considerably lower as compared to transacting in certificates. Show more

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Frequently Asked Questions Regarding National Securities Depository Limited (NSDL)

Where are National Securities Depository Limited (NSDL)’s headquarters?

National Securities Depository Limited (NSDL)’s headquarters are in Trade World, A wing, 4th & 5th Floors, Kamala Mills Compound, Lower Parel, Mumbai - 400 013, Mumbai, Maharashtra, India, 400013

What is National Securities Depository Limited (NSDL)’s industry?

National Securities Depository Limited (NSDL) is in the industry of: Financial Services

What is National Securities Depository Limited (NSDL)’s phone number?

National Securities Depository Limited (NSDL)’s phone number is +912224994200

What is National Securities Depository Limited (NSDL)’s official website?

National Securities Depository Limited (NSDL)’s official website is www.nsdl.co.in

How many employees are working in National Securities Depository Limited (NSDL)?

National Securities Depository Limited (NSDL) has 201-1000 employees

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