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11 th ACG Cross Training Seminar. Introduction to NSDL. Towards a secure future. About NSDL. We Are Promoted by premiere financial institutions of the country Hugely trusted by both public and private sector ISO 27001 Certified We Have
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11th ACG Cross Training Seminar Introduction to NSDL Towards a secure future
About NSDL We Are Promoted by premiere financial institutions of the country Hugely trusted by both public and private sector ISO 27001 Certified We Have Robust and time-tested state-of-art infrastructure Wide network of service centre across the country
Legal Framework The Depositories Act, 1996 SEBI (Depositories & Participants) Regulations, 1996 NSDL Bye Laws NSDL Business Rules
Salient Features • Beneficiary level accounting at CSD • Multiple depositories for same securities • Dematerialisation v/s Immobilisation • 100% demat settlement in stock exchanges • Settlement period T+2
Internet initiatives Online Account View (IDeAS) Online Account Transfer (SPEED-e) Straight Through Processing - STeADY
Reaching Out Skilled Manpower Development Investor Education and Awareness Campaigns
Risk Containment Strict Entry Norms Strict KYC norms for account holders Periodic Transaction Statement by DP Statement from NSDL (Random) Same day SMS Alert for transactions Regular inspection by NSDL Staff Third Party independent Audit Insurance coverage Comprehensive BCP
Managing larger databases Keeping critical data in secured manner Service users on a national scale Large network of Participants IT Expertise in handling technology challenges Core Competence
Tax Information Network for Income Tax Department of Govt. of India Tax Accounts Tax Reconciliation Central Recordkeeping Agency for Pension Authority Online Pension Account and Transactions National Skill Registry in association with NASSCOM Reference Repository for Employees Other Initiatives