National Securities Depository Limited (NSDL) is an Indian central securities depository, based in Mumbai. It was established in August 1996 as the first electronic securities depository in India with national coverage.[2] At the end of 2023, its demat accounts held assets worth ₹398 lakh crore ($4.7 trillion).[3][4][5]
NSDL provides services to investors, stock brokers, custodians and issuer companies through a network of Depository Participants and digital platforms. Its services are related to dematerialization, transfer and settlement of securities in the Indian securities market.
History
National Securities Depository Limited (NSDL) is an Indian central securities depository under the jurisdiction of Ministry of Finance, Government of India based in Mumbai.