Want to job at depository(nsdl or cdsl)

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devanshi (Querist)
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11 April 2016 I am CA student. I have completed my articleship and also appeared for final nov2015 exams but didn't cleared. I want to work at depository (nsdl) after may 2016 final exams but I have no idea about organisational structure of nsdl depository. so I dont know for which post suitable me...as I see qualifications on nsdl website ( https://nsdl.co.in/careers.php) for various post but I dont know about what type of works done there. I have not invested money in share market but I track some stocks and market. so what type of works done at nsdl depository please help me out as qualification match our CA course...

Amol S Joglekar

Amol S Joglekar (Expert)
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11 April 2016 more or less the work is that of administrator. If you are having the aptitude for the same, you can very well join.

devanshi

devanshi (Querist)
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11 April 2016 sir can you tell me from where I get more information about nsdl depository working and all.

Amol S Joglekar

Amol S Joglekar (Expert)
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11 April 2016 youcan drop into the office of nsdl or SHCL to get more information.

devanshi

devanshi (Querist)
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11 April 2016 sir, can you tell me from where I can get the information about nsdl depository...and work of pattern...

Purnima Parashar

Purnima Parashar (Expert)
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11 April 2016 NSDL provides depository services to investors and clearing members through market intermediaries called Depository Participants (DPs)

Using innovative and flexible technology systems, NSDL works to support the investors and brokers in the capital market of the country. NSDL aims at ensuring the safety and soundness of Indian marketplaces by developing settlement solutions that increase efficiency, minimise risk and reduce costs

In the depository system, securities are held in depository accounts, which is more or less similar to holding funds in bank accounts. Transfer of ownership of securities is done through simple account transfers. This method does away with all the risks and hassles normally associated with paperwork. Consequently, the cost of transacting in a depository environment is considerably lower as compared to transacting in certificates

devanshi

devanshi (Querist)
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11 April 2016 yes ma'am I understand but in banks there are department like clearing, advances, forex etc. I dont know same in depository so I doubt that depository working as I have less technical knowledge about computers and all so with inter ca degree job is suitable or not

Amol S Joglekar

Amol S Joglekar (Expert)
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12 April 2016 it will be quite an interesting job to work with NSDL / SHCL

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