Technical Glitch at NSDL Delays Trade Settlements Since Tuesday
2 days agoBusiness
35LENS
4 SourcesMumbai, India
TBNthebalanced.news

Technical Glitch at NSDL Delays Trade Settlements Since Tuesday

A technical glitch at the National Securities Depository Ltd. (NSDL) has caused delays in the settlement of trades executed since Tuesday, affecting the credit of shares to investors' demat accounts. The issue, linked to inter-depository transfers with CDSL, has left some investors unable to access shares or funds, impacting especially short-term traders. NSDL has activated backup systems and moved to its Disaster Recovery site, with partial resolution underway, though operations remained disrupted as of Thursday.

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