In order to increase the availability of trained personnel for depository operations, NSDL has launched NSDL Certifi cation in Depository Operations (NCDO). NCDO oriented training progaramme covers various aspects of depository operations followed by a written test. Certifi cate is given to the participant on successful passing of the test which is valid for a period of fi ve years. The persons holding the certifi cate will be considered as qualifi ed personnel in relation to the requirement for service centres of the Participant. The fi rst such NCDO programme was conducted in Mumbai on March 7, 2009. Similar programmes are scheduled to be held at New Delhi and Kolkata (on March 21, 2009) and at Chennai (on March 25, 2009).