NSDL News
Visit by delegates representing countries from Africa and Asia to NSDL on March 14, 2012
In order to facilitate transactions in mutual funds units through stock exchange platform, NSDL has enabled holding of mutual fund units in dematerialised form. To encourage investors to hold mutual fund units in the depository system, NSDL has decided to continue not to charge any fee to Participants in respect of transactions in mutual fund units held in the depository system till September 30, 2012.
(Ref: Circular No. NSDL/POLICY/2012/0037 dated March 26, 2012)
NSDL has made arrangements with NISM to facilitate staff of Participants to get certified for NISM-Series VI Depository Operations Certification Examination (DOCE) as per SEBI requirements. A training programme is conducted by NSDL for Participant's staff followed by NISM-Series VI-DOCE online test conducted by NISM. In March 2012, NSDL conducted seven such training programmes at Ahmedabad, Chennai, Kolkata, Mumbai and New Delhi which were attended by 144 persons nominated by various Participants.
| Parag Parikh Financial Advisory Services Limited |
IL & FS Securities Services Limited |
IN303446 |
| Quantum Global Securities and Leasing Company Limited |
Quantum Global Securities Limited |
IN303411 |
| The Thane Janata Sahakari Bank Limited |
TJSB Sahakari Bank Limited |
IN303964 |
| Elite Stock Management Limited |
Elite Wealth Advisors Limited |
IN301670 |
During March 2012, one more Participant has subscribed to the SPEED-e facility viz:
- Citizen Credit Co-operative Bank Limited (DP ID IN301225)
Clients of the above mentioned Participant can now avail of the facility of submitting various instructions through SPEED-e facility.
This takes the total number of Participants who have subscribed to SPEED-e to 113.
