NSDL, which is one of the world’s largest Depositories, was established in August 1996. This has developed a state-off-the-to infrastructure that handle and sets the securities placed in the Dematerialized Form in the Indian Capital Market. Due to the enact of the Depositories Act, in August 1996, NSDL made the way for Establishment. NSDL, one of the largest depositories in the world, estimated in August 1996 have established a state-of-the-to infrastructure Capital Market. The enactment of Depositories Act in August 1996 Paved The Way for Establishment of NSDL.