As the domestic equity market keeps on making new peaks every other day, a similar surge in new Demat account additions is also being seen. In December, the total new Demat account openings touched a new high of 42 lakh, taking the number of total Demat accounts to 13.93 crore.The addition of 42 lakh new … Read more
Investors, who have trading and Demat accounts and MF investments, need to update nomination details (positive nomination) or voluntarily opt out of the nomination (negative nomination) by September 30. The deadline for updating the nomination for mutual fund investments, trading, and Demat accounts is September 30. Sebi had earlier extended the deadline from March 31, … Read more
India’s first and only listed depository on Thursday announced that it has crossed the milestone of having more than seven crore active demat accounts. CDSL is currently the largest depository in the country in terms of active demat accounts. “We are delighted to see that investors across various states and union territories are now contributing … Read more