NSE CLEARING

CRISIL has assigned its highest corporate credit rating of ‘AAA' to the NSE Clearing Limited (National Clearing) formerly known as National Securities Clearing Corporation Limited (NSCCL). 'AAA' rating indicates highest degree of strength with regard to honouring debt obligations. NSE CLEARING is the first Indian Clearing Corporation to get this rating. The rating reflects NSE CLEARING's status as Clearing Corporation for NSE, India's largest stock exchange. The rating also factors in NSE CLEARING's rigorous risk management controls and adequate settlement guarantee cover... NSE Clearing Limited (National Clearing) formerly known as National Securities Clearing Corporation Limited (NSCCL), a wholly owned subsidiary of NSE, was incorporated in August 1995. The first clearing corporation to be established in the country and the first clearing corporation in the country to introduce settlement guarantee. NSE Clearing has been recognized as QCCP by SEBI, Third Country CCP (TC-CCP) by..

Also known as: National Clearing, NSE Clearing Limited

Primary location: New Delhi United States