October 2011
NSDL - Trusted by more than One Crore account holders
Visit by Securities Commission of Zimbabwe to Settlement fee on transactions in mutual fund units NSDL in September 2011 in the depository system 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 March 31, 2012. (Ref: Circular Nos. NSDL/POLICY/2010/0105 dated September 22, 2010, NSDL/POLICY/2011/0026 dated From L to R: Hon’ble Chairperson of Securities Commission of Zimbabwe, March 25, 2011 and NSDL/POLICY/2011/0076 dated Ms. W. Bonyongwe with NSDL Managing Director & CEO, Mr. Gagan Rai September 23, 2011, which is posted on NSDL website during the visit by offi cials of Securities Commission of Zimbabwe to NSDL in September 2011. www.nsdl.co.in) Extension of deadline time for submission of IDT NCDO training / certifi cation programmes for instructions Participants With effect from September 26, 2011, the time limit NSDL conducts training and certifi cation programmes for submitting online inter-depository transfer (IDT) for Participants to increase the availability of trained instructions has been extended from 7.00 p.m. to personnel for depository operations. In September 8.00 p.m. 2011, such programmes were conducted in Aurangabad, (Ref: Circular No. NSDL/POLICY/2011/0074 dated Bangalore, Jalgaon, Kolkata, Mumbai and Srinagar. In September 19, 2011, which is posted on NSDL website all, 148 persons attended the training programmes www.nsdl.co.in) conducted at these locations.
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