Custody/clearing  
ICICI BANK    
IL&FS SECURITIES SERVICES    
ORBIS FINANCIAL CORP    
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STOCKHOLDING    
 
 
INDIA - Capital Market Infrastructure Summary

Central Securities Depositories
NSDL
CDSL
National Securities Depository Limited (NSDL)
Reserve Bank of India (RBI)

BIS Model
Model 1

Settlement Cycle
T+2 for Equities
T+N for Bonds

Comment
The National Securities Clearing Corporation Ltd. (NSCCL) carries out clearing and settlement functions. NSCCL has two Côtegories of clearing members: trading clearing members and custodians. Trading members' proprietary trades become the member's ob


Key terms defined in our glossary:

Central Securities Depository
BIS Model 1
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.