11th ACG Cross Training Seminar

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11th ACG Cross Training Seminar

• Introduction to NSDL

Towards a secure future
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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

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Dimensions
Parameters May 31, 2007 May 31, 2008 May 31, 2009
No. of Investor Accounts (Millions) 7.84 9.48 9.76
Demat Value (Billion US ) 750.43 979.98 909.28
No. of Service Centers 5,758 7,350 9,223
Cities/Towns 714 814 943
No. of Companies 6,629 7,441 7,817
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Legal Framework

• The Depositories Act, 1996
• SEBI (Depositories Participants) Regulations,
  1996
• NSDL Bye Laws
• NSDL Business Rules

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Salient Features
Beneficiary level accounting at CSD Multiple
depositories for same securities Dematerialisation
v/s Immobilisation
100 demat settlement in stock
exchanges Settlement period T2
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Internet initiatives
Online Account View (IDeAS) Online
Account Transfer (SPEED-e) Straight Through
Processing - STeADY
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Reaching Out
Skilled Manpower Development Investor Education
and Awareness Campaigns
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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

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Core Competence

• 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

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• 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
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• Thank you