Nsdl Begins Baring Broker Pool A/C Data

The National Securities Depository Ltd (NSDL) has now started providing in-transit position in the pool account of brokers to corporates on a weekly basis.

This move would bring more transparency and the corporate will now be able to constantly track changes in shares lying with the pool account.

Corporates had earlier made a hue and cry over broker pool accounts stating it is being used by raiders to corner shares of companies without revealing their position.

C B Bhave, managing director, NSDL, said,