🧱 NSDL – India’s Invisible Market Backbone What is NSDL? National Securities Depository Limited (NSDL), established in 1996, was the first electronic securities depository in India and remains the largest today. A SEBI‑registered Market Infrastructure Institution (MII), NSDL facilitates secure, paperless holding and transfer of securities through Demat accounts registered with its network of Depository Participants (DPs). It supports investors, brokers, issuers, and custodians nationwide. NSDL’s infrastructure spans 65,000+ DP service centers across India, dwarfing CDSL’s ~19,000 centers, and serves over 39.5 million active Demat accounts with assets under custody…
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