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.
A million is a thousand thousand. So a million dollars is 1,000,000. Each dollar is about 45 rupees. So a million dollars are 45x1,000,000, which is 45,000,000. Or simply 45 million rupees. If you want to read this in the Indian system of lakhs and crores, then it is 4.5 crores.