What is ICCL and NSCCL?
Samir Baran Pratihar
Last Update 4 jaar geleden
National Securities Clearing Corporation Ltd (NSCCL) and Indian Clearing Corporation Ltd (ICCL) are settlement bodies regulated by SEBI. These are clearing corporations to settle the trade to eliminate counterparty settlement risk. It is advisable to settle all trades via ICCL / NSCCL only.