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What is the full form of NSDL?

NSDL: National Securities Depository Limited

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The full form of NSDL is National Securities Depository Limited. NSDL is an Indian central securities depository and the first securities depository in India which holds the securities of investors like shares, bonds and debentures in electronic format. National Securities Depository Limited (NSDL) is headquartered in Mumbai, India. It was established in August 1996 based on a suggestion by a national institution responsible for the economic development of India. It aims to ensure safety and reliability in the capital market of India by developing effective settlement solutions. RBI issued a license to NSDL to operate as a payment bank in India from 29 October 2018. NSDL is promoted by Industrial Development Bank of India Limited (IDBI), Unit Trust of India (UTI) and National Stock Exchange of India limited (NSE)

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