SebiDNVS Launched; Sebi Warns NSDL on Bond Database
Why in the news
Sebi rolled out a tool to confirm the authenticity of its documents and, separately, cautioned NSDL after an inspection.
Key facts
- SebiDNVS started on 3 April 2025.
- Purpose: greater transparency and verifiability of notices, orders and summons.
- Recipients check a document by entering its unique document number.
- NSDL got a formal administrative warning.
Directions to NSDL
| Action | Detail |
|---|---|
| Trigger | Inspection of centralised database for corporate bonds and debentures |
| Task 1 | Rectify the issues found |
| Task 2 | Complete database synchronisation together with CDSL |
| Deadline | 30 June 2025 |
Exam angle
- Full form: Document Number Verification System (SebiDNVS).
- NSDL: National Securities Depository Limited; CDSL: Central Depository Services.
- Regulator: Sebi, securities market.