National Securities Depository Limited (NSDL)

Established in 1996, National Securities Depository Limited (NSDL) is the first electronic securities depository in India. Its primary mission is to manage and secure securities (like stocks, bonds, and mutual funds) held in dematerialized (electronic) form, eliminating the risks and costs associated with physical share certificates. NSDL facilitates the settlement of trades executed on major Indian stock exchanges, providing a seamless and efficient infrastructure for investors, brokers, and issuers in the Indian capital market.