National Securities Depository Limited
National Securities Depository Limited (NSDL), the first depository in India, was set-up in Nov 1996. It is promoted by Industrial Development Bank of India (IDBI), Unit Trust of India (UTI)and National Stock Exchange (NSE). Later on, State Bank of India, HDFC Bank, HSBC, Citibank, Deutsche Bank, Dena Bank, Global Trust Bank and Standard Chartered Bank have taken a stake in NSDL. More than 1000 companies, representing about 85 % of the market capitalisation, have joined NSDL for admitting their securities in the depository. More than 125 depository participants (DPs) are servicing more than 2.5 mn investors from more than 1400 locations spread across more than 285 cities & towns across the country. More than 90% of the settlement by value on all stock exchanges in the country is now facilitated through NSDL.
Services offered
Account Maintenance

Dematerialisation of securities

Transfer of securities

Freezing/defreezing of accounts

Non-cash Corporate Actions

Electronic credit in public offerings of issuers

Pledging/hypothecation of securities

Securities settlement in demat form for connected stock exchanges

Securities lending and borrowing

Retail participation in government securities

Public Offer Module

Beneficiary position information to issuers

Cash Corporate Actions.