BANKING AFFAIRS

Detailed explanation-1: -NSDL is India’s first & largest depository. Established on 8th November 1996, its primary purpose is handling securities held in the Indian capital market in a dematerialized form, and it has made the process easy and convenient.

Detailed explanation-2: -NSDL, one of the largest Depositories in the World, established in August 1996 has established a state-of-the-art infrastructure that handles most of the securities held and settled in dematerialized form in the Indian capital market.

Detailed explanation-3: -NSDL is the oldest and largest depository in India. It commenced operations in 1996 in Mumbai. It was the first depository to provide trading services in electronic format.

Detailed explanation-4: -National Securities Depository Limited (NSDL) is the first and the largest depository in India which holds the demat accounts of more than one crore investors in the Indian Capital Market.

Detailed explanation-5: -NSDL is the first & largest depository in India established on November 8, 1996 which is basically formed for the purpose of handling the securities held in dematerialized form in the Indian capital market. NSDL opens 3602 accounts on an average each day.