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11 th ACG Cross Training Seminar Introduction to NSDL Introduction to NSDL Towards a secure future.

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Presentation on theme: "11 th ACG Cross Training Seminar Introduction to NSDL Introduction to NSDL Towards a secure future."— Presentation transcript:

1 11 th ACG Cross Training Seminar Introduction to NSDL Introduction to NSDL Towards a secure future

2 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

3 Dimensions ParametersMay 31, 2007May 31, 2008May 31, 2009 No. of Investor Accounts (Millions) 7.849.489.76 Demat Value (Billion US $) 750.43979.98909.28 No. of Service Centers 5,7587,3509,223 Cities/Towns714814943 No. of Companies6,6297,4417,817

4 Legal Framework The Depositories Act, 1996 SEBI (Depositories & Participants) Regulations, 1996 NSDL Bye Laws NSDL Business Rules

5 Salient Features Beneficiary level accounting at CSD Multiple depositories for same securities Dematerialisation v/s Immobilisation Beneficiary level accounting at CSD Multiple depositories for same securities Dematerialisation v/s Immobilisation 100% demat settlement in stock exchanges Settlement period T+2 100% demat settlement in stock exchanges Settlement period T+2

6 Internet initiatives Online Account View (IDeAS) Online Account Transfer (SPEED-e) Straight Through Processing - STeADY Online Account View (IDeAS) Online Account Transfer (SPEED-e) Straight Through Processing - STeADY

7 Reaching Out Skilled Manpower Development Investor Education and Awareness Campaigns Skilled Manpower Development Investor Education and Awareness Campaigns

8 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

9 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

10 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

11 Thank you


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