NSDL pays SEBI ₹3.12 crore to settle rule violation case

The National Securities Depository Ltd (NSDL) has paid SEBI ₹3.12 crore to settle a case related to alleged violation of depository rules. NSDL was accused of failing to address grievances from participants and beneficial owners within 30 days of receiving the complaint. It was also accused of breaching regulations related to safeguarding investor interests.