NSDLs
NSDLs, or National Securities Depository Limited, are crucial institutions in the Indian financial market. They act as depositories, holding securities like shares and debentures in electronic form on behalf of investors. This dematerialization process eliminates the need for physical share certificates, reducing risks associated with forgery, theft, and loss. NSDL is one of the two major depositories in India, the other being the Central Depository Services (India) Limited (CDSL).
Established in 1996, NSDL plays a vital role in facilitating smooth and efficient trading of securities. Investors
NSDL also provides various other services, including account statements, pledge and hypothecation of securities, and handling