NON-CALLABLE BONDS

NON-CALLABLE BONDS

These are bonds which cannot be redeemed early by the issuer except with the payment of penalty. 

NSCCL

NSCCL

NSCCL is an acronym of National Clearing Corporation Limited (Now known as NSE clearing) is a wholly owned subsidiary of NSE .It is responsible for clearing and settlement of all the trades executed on NSE ,deposit , collateral management, and risk management functions. It act as a central counterparty to all the trade it provides clearing and settlement services for .