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ABOUT NSDL:

| First depository in India.


| Registered on June 7, 1996.
| Commenced operation in November 1996.
| Formed under companies act, 1956. With
paid up capital of Rs 105cr.
| Aims at ensuring safety and soundness of
Indian capital market.
ROMOTERS
| Industrial development bank of India
(IDBI)
| Unit Trust Of India.
| National Stock Exchange Of India
Limited.
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| State Bank of India
| HDFC Bank Limited
| Deutsche Bank A.G.
| Axis Bank Limited
| Citibank N.A.
| Standard Chartered Bank
| The Hongkong and Shanghai Banking
Corporation Limited
| Oriental Bank of Commerce
| Union Bank of India
| Dena Bank
| Canara Bank
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|    
Chairman
The Clearing Corporation of India Limited
 
| ¢  
National Securities Depository Limited ¢
  

| ¢  
Managing Director
National Stock Exchange of India Limited  
| ¢    
Former Chairman & Managing Director
Industrial Development Bank of India Limited
(Now, IDBI Bank Ltd.)  
| ¢ 6 Ú¢
Chartered Accountant, Chief Mentor
M/s Bansi S. Mehta & Co.  
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Former Director (Finance)
National Aviation Company of India Limited  
|  "6 
Managing Director & CEO
Infrastructure Development Finance Company
Limited  
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Former Director
Indian Institute of Management, Bangalore  
| ¢  % 6
Executive Director
IDBI Bank Limited  
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Deputy Managing Director & CFO
State Bank of India  
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Managing Director
Global Transaction Banking Head, India
Deutsche Bank  
NSDL interacts with investors and
clearing members through market
intermediaries called depository
participants. NSDL performs a wide
range of securities related function
through Depository participants.
_ Maintenance of individual investors
beneficial holdings in the electronic
form.
_ Dematerialization i.e. converting physical
certificates into their electronic form
_ Rematerialization i.e. converting
securities in DeMat form into physical
certificates
_ Effects settlement of securities traded on
the exchanges.
_ Carries out settlement of trades not done
on the stock exchange (off-market
trades).
_ Transfer of securities.
_ Stock Lending and Borrowing.
_ ledging/hypothecation of dematerialised
securities.
_ Electronic credit in public offerings of
companies or corporate actions.
| Two depositories in India
| NSDL (National Securities Depository
Limited)
| CDSL (Central Depository Service
Limited)
| Free transferability of ublic ltd. Co
| Dematerialising the securities in
depository mode.
| roviding ownership record in book entry
form.
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- Hold securities in an account -Hold funds in an account

- Transfer securities between -Transfers funds between accounts


accounts on the instruction of the on the instruction of the account
account holder holder

- Assist in transfer of ownership -Assist in transfers without having to


without having to handle securities handle money

- Facilitates safekeeping of shares - Facilitates safekeeping of money


FEW DEOSITORIES ARE:

| Bank of India
| Bank of Baroda
| Kotak securities
| Motilal Oswal
| Reliance Capital
| UTI
| Yes Bank
Services provided by NSDL and CDSL are
carried out through their agents known as
Depository articipants [Ds]. Ds are
appointed by depositories after an
approval from SEBI. According to SEBI
regulations, 3 categories of entities such as
banks, financial institutions, and SEBI
registered trading members qualify for
becoming Ds
| Benefits of Depository System
| Safety
Benefits of Depository System
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