#1
January 28th, 2017, 11:46 AM
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Nsdl irda
HI I am interested in having the information about the NSDL Group including National Securities and Depository Limited (NSDL) as well as the role played as a National Insurance Repository?
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#2
January 28th, 2017, 12:15 PM
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Re: Nsdl irda
NDML is a piece of NSDL Group including National Securities and Depository Limited (NSDL), NSDL Database Management Limited (NDML) and NSDL e-Governance Infrastructure Limited. NSDL Group was set up in 1996 to set up the main securities vault of India. Subsequent to setting up a safe arrangement of universal benchmarks in India, NSDL Group has effectively settled 'Duty Information Network (TIN)' for Central Board of Direct Taxes (CBDT), Ministry of Finance, Government of India, 'Focal Record Keeping Agency (CRA)' for the New Pension System (NPS) for the benefit of the Pension Fund Regulatory and Development Authority (PFRDA). NDML Projects/NSDL National Insurance Repository NDML has gotten an endorsement from Insurance Regulatory and Development Authority of India (IRDAI) for setting up Insurance Repository and has begun its operations for NSDL National Insurance Repository (NIR). NIR will encourage holding of all sort of protection approaches in electronic shape in a solitary e-Insurance Account (eIA). It will get rid of all the lacunae of holding the protection approaches in physical shape. This will empower the protected to have admittance to all protection arrangements with a solitary sign in. eIA will likewise encourage normal Know Your Customer (KYC) for eIA holder. The KYC done while opening an eIA will take out the need to rehash the KYC each time a protection arrangement is bought. eIA additionally goes about as a solitary purpose of contact for the record holder to overhaul statistic points of interest with all the insurance agencies with whom protection approaches are held. It will likewise encourage transformation of the current paper arrangements into electronic strategies at the demand of the approach holders List of Insurance Repositories updated as on September, 2016 |
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