FULL FORM OF NSDL

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          NSDL stand for National Securities Depository Limited. It is the securities depository in India that holds the securities of investors such as bond,debentures,securities,shares in electronic format. NSDL is the first and largest central securities depository in India. The aim of establish of NSDL was to sort out the issues such as bad delivery and delayed transfer of securities ,problems to get duplicate when original was lost as paper base settlement of the securities.
        NSDL was established in 1996 after the enactment of Depository act, 1996,to facilitate trading and settlement of securities in electronic format to get rid off problems facing by the paper based settlement. Its headquarter is in Mumbai,India.

ADVANTAGE OF NSDL

  •         The main advantage of National Securities Depository Limited is that all the holding are in electronic format so there is no risk of loss,theft or damage. 
  •         When transferring the securities in dematerialized format stamp duty is not to be paid.
  •         Through NSDL companies can directly credit their investors in case of bonus issue of shares or any right issue.
  •        Investors can get updated information about the listed company management about the holdings and can track the change in any detail related to the security or stock.
  •       The NSDL send the statement which contains all the holdings of that period,it will be helpful for the investors to make financial decision related the holdings.
  •       It facilitate ease in change of investors detail.

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