Statistics
July 31, 2020
Investor Accounts 2,01,54,741
DP Service Centres 31,024
Demat Custody Value 190.11 (₹ Lakh Crore)
(US$ 2533 billion)

Home  :  About Us  :  Press Releases  :  NSDL News

NSDL News

DDAV Securities Private Limited has been made operational as a DP on May 3, 2007. It will conduct its depository operations from Mumbai. The DP Id allotted is IN303288.

Brics Securities Limited has been made operational as a DP on May 16, 2007. It will conduct its depository operations from Mumbai. The DP Id allotted is IN303296.

DBS Bank Limited has been made operational as a DP on May 28, 2007. It will conduct its depository operations from Mumbai. The DP Id allotted is IN303307.

Yoha Securities Limited has been made operational as a DP on May 30, 2007. It will conduct its depository operations from Chennai. The DP Id allotted is IN303315.

The above additions take the total number of operational DPs to 244 and the total number of DPM set-ups to 322.

The following DP has subscribed to the SPEED-e facility of NSDL in the month of May 2007:

  • Indsec Securities And Finance Ltd.

Clients of the above mentioned DP can now avail of the facility of submitting various instructions through SPEED-e facility.

This takes the total number of DPs who have subscribed to SPEED-e to 73.

IDeAS facility has been made mandatory for all the DPs. Thus, all clients can now avail of IDeAS, which is an internet based facility for viewing latest balances and transactions of last 30 days. Those clients who wish to avail of this facility should contact their DPs for more details about IDeAS or visit at https://eservices.nsdl.com.

Securities and Exchange Board of India (SEBI) vide its circular no. MRD/DoP/ Cir-05/2007 dated April 27, 2007 has informed that PAN would be the sole identification number for all participants transacting in the securities market, irrespective of the amount of transaction. Extracts of aforementioned SEBI circular are as under:

  • The Honble Finance Minister, in his announcement in the Union Budget for the year 2007-08, has proposed, inter-alia, to make PAN the sole identification number for all participants in the securities market with an alpha-numeric prefix or suffix to distinguish a particular kind of account.
  • In the light of the aforesaid announcement and in order to strengthen the Know Your Client (KYC) norms and identify every participant in the securities market with their respective PAN thereby ensuring sound audit trail of all the transactions, it has been decided that PAN would be the sole identification number for all participants transacting in the securities market, irrespective of the amount of transaction.

This has been informed to DPs vide Circular No. NSDL/POLICY/2007/0026 dated May 10, 2007.

Contact us
Font Size
Query Now
High Contrast