Overview: The NSE is a Mumbai-based stock exchange. It
is the largest stock exchange in India and the third largest in
the world in terms of volume of transactions. The National Securities
Clearing Corporation Ltd. (NSCCL), a wholly owned subsidiary of
NSE, was incorporated in August 1995. It was the first clearing
corporation to be established in the country and also the first
clearing corporation in the country to introduce settlement guarantee.
NSCCL commenced clearing operations in April 1996.
This articles provides informationa about NSCCL and its clearing
and settlement .
Tags: NSE, NSCCL, Clearing and Settlement
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Source: Altiusdirectory
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