National Securities Depository Limited (NSDL) is a company promoted by financial institutions of national stature which are responsible for economic development of the country. NSDL is promoted by Industrial Development Bank of India Limited (IDBI) - the largest development bank of India, Unit Trust of India (UTI) - the largest mutual fund in India and National Stock Exchange of India Limited (NSE) - the largest stock exchange in India. Some of the prominent banks in the country have taken a stake in NSDL. Some of the important systems managed by NSDL include

NSDL - Depository System (https://nsdl.co.in)

NSDL pioneered the concept of holding and settlement of securities (shares, debentures, bonds) in electronic form in India. NSDL has established a national infrastructure of international standards that handles most of the settlement of securities in dematerialised form in Indian capital market. This system provides for a safe and efficient form of holding the securities to millions of individual and corporate investors. Holding and settlement of securities in electronic form has considerably reduced the risk and time involved in dealing with paper form of securities. NSDL has over 10 million investor accounts. These accounts are serviced by NSDL through Depository Participants which provide services from more than 9,800 offices/locations in 1036 towns/cities in India. NSDL has custody of securities worth USD 1021 Billion.

NSDL Database Management Limited (NDML)

NDML is a fully owned subsidiary of National Securities Depository Limited (NSDL). Under its ambit of "Trusted Sourcing", NASSCOM has taken up the Industry initiative of developing a national database of registered and verified workforce for its member companies as "National Skills Registry (NSR)".NASSCOM has engaged NDML for implementing NSR initiative.