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NSDL Full Form, Meaning | How it Works, जानें फुल फॉर्म in Hindi

NSDL Full Form

The Full Form of NSDL is National Securities Depository Limited. NSDL was established in Mumbai to hold securities in an electronically way. Securities such as shares, bonds are hold by an organization in certificated form named as Central Securities Depository (CSD). Other details such as How NSDL works, NSDL Full Form in Hindi, its meaning etc are well described in the beneath section of this page.

NSDL Full Form

  • NSDL Full Form in English: National Securities Depository Limited
  • NSDL Full Form in Hindi: राष्ट्रीय प्रतिभूतियां भंडार सीमित

Overview on National Securities Depository Limited:

TypeCentral Securities Depository
IndustryBusiness Services
Founded8 August 1996
HeadquartersMumbai, India
MD & CEOG.V. Nageswara Rao
ProductsDepository Services

The suggestion for development of National Securities Depository Limited was given by a national institution for improvement in the Indian Economy.

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History of NSDL:

As India, already has efficient capital markets but when paper based settlements of trade was carried out, the outputs generated are bad as there was delay in delivery. So, in August 1996 Depositories Act helps in establishment of National Securities Depository Limited (NSDL).

How NSDL Works?

NSDL was the first depository in India that was going through electronically and not paper-based. Securities held in the depository account are similar just as funds are deposit in the bank account. Now, the transference is done through accounts, thus reduces the risk of paperwork.

The securities such as shares or bonds are transferred in certificated form or in uncertificated form, so that transference can be done simply via book entry and avoiding the physical transfer of certificates.

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NSDL Promoters / Shareholders:

Promoters of National Securities Depository Limited are:

  • Industrial Development Bank of India Limited (IDBI)
  • Unit Trust of India
  • National Stock Exchange of India Limited (NSE)

The Shareholders of NSDL are:

  • Axis Bank
  • State Bank of India
  • Oriental Bank of Commerce
  • Citibank
  • Standard Chartered Bank
  • HDFC Bank
  • HSBC Bank India
  • Deutsche Bank
  • Bank of Baroda
  • Canara Bank

NSDL Works as Payment Bank:

Reserve Bank of India has provided license to National Securities Depository Limited, so that they can work as a payment bank in India. The payment transactions operations was started from 29th October 2018.

NSDL Group – Company Structure:

NSDL Group includes:

  • NSDL Database Management Limited (NDML)
  • NSDL Payments Bank Limited
  • National Securities Depository Limited (NSDL),
  • NSDL e-Governance Infrastructure Limited

Get Here: List of Financial Institutions in India

Role of NSDL:

  • It supports investors and brokers in India by using different new methods and technologies.
  • For fulfilling the growth of financial services of India, it develops various products and services.
  • NSDL provides efficient and effective system that reduces the risk in the Indian markets.
  • It provides effective settlement solutions, thus ensure safety in the capital market.

The cost of doing transaction from a depository account is considerable low as compared to the transactions of physical certificates. Thus, adding one more point to the successfulness establishment of NSDL.

Candidates reading this page can get complete details regarding National Securities Depository Limited from this page such as NSDL full form, its meaning, how it works etc Stay in touch with our web portal

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