NSDL OFFERED SIMPLE FACILITY FOR 'MOBILE' INVESTORS

National Securities Depository (NSDL) has launched a facility named SIMPLE (Submission of Instruction through Mobile Phone Login Easily), which will enable investors to submit delivery instructions to transfer securities to their broker account (Clearing Member Pool Account). For the purpose of availing this service, investors have to register for SPEED-e service (facility to submit delivery instructions through the internet) as a password user through NSDL Depository Participants.