The second method involves multilateral netting; and led to the formation of the National Securities Clearing Corporation (NSCC) in 1976. In 2010, Robert Druskin was named Executive Chairman of the company, and in July 2012 Michael Bodson was named President and Chief Executive Officer.
100 crores is a billion and 1 lakh crore is a trillion so you can use that for quick calculations. I donât have this in Excel and wonât have the time to convert it in Excel either, unless someone else wants to do itâ¦.Sorry. Reply.
Million vs. Billion. A million is 106, or 1,000,000. A billion is one thousand million, or 1,000,000,000 (109). This is the common usage in English-speaking countries and is called the short scale. Countries in continental Europe and Latin America use the long scale where a billion is a million millions (1012).