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.
Large amounts of money in India are often written in terms of crores. For example, 100,000,000 (one hundred million) Indian rupees is written as 'ten crore rupees ' or ' â¹ 10 crore' or 'Rs 10 crore'.Trillions of â¹ are often written or spoken of in terms of lakh crore.For example, one trillion rupees is:he word crore is derived from the Prakrit word krodi, denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 10 0 up to 10 19. The crore is known by various regional names in modern languages.