National Securities Depository Limited (NSDL), established in 1996, is a prominent player in the Indian financial infrastructure sector, specializing in offering a wide array of services that support the securities market in India. It was the first institution in India to introduce dematerialization of securities and continues to lead in providing depository services for both listed and unlisted securities. As of FY25, NSDL is the largest depository in India, with a significant share in terms of active issuers, assets under custody, and settlement volumes.

NSDL's technological infrastructure, focused on innovation and efficiency, underpins its leadership in the market. The company has continually invested in technology, enhancing its depository services and developing value-added services like e-voting, eAGM platforms, and blockchain-based monitoring systems. Through its subsidiaries, NDML and NPBL, NSDL also offers IT enabled solutions, including digital banking, payments, and KYC services, which complement its depository operations.

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