Central depository services - Latest News Update, Information, Photos & Videos on Central depository services at Lokmat Times

New Delhi, March 1 Central Depository Services (India) on Tuesday said it now has more than six crore plus (60 million) active demat accounts.Central Depository Services (India) Limited (CDSL) is India's only listed depository."It is reassuring to note that the focus of registration of new demat accounts is shifting from metros to tier II and tier III cities, which is indicative of the broadening of the Indian Capital Market," said B.V. Chaubal, Chairman at the CDSL."While we are now at 6 crores demat accounts, our demat accounts are still at a fraction of the entire population and thus, there is an immense opportunity of growth given that a large part of the population of our country is yet outside the Indian securities markets," Chaubal said.At an event to mark the achievement, Ananta Barua, Whole Time Member, Securities and Exchange Board of India: "Dematerialisation was a product of the difficulties caused on account of physical shares. The access to the Indian securities market has become safe, convenient and easy and the new milestone is a representation of the same."In addition, Barua said there was a need to create an awareness amongst the new investors about the Indian securities market, the role of market infrastructure institutions, and investor protection to ensure they make informed decisions.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Central Depository Services, NewsFOLLOW

Central depository services, Latest News

Business :Active demat accounts in CDSL reach 8 crore

Central Depository Services (India) Limited on Thursday said active demat accounts reached the milestone of eight crores (80 million) ... ...

Business :Leading BFSI company buys office space at Marathon Futurex, Lower Parel in a deal worth Rs. 163 Cr

Commercial real estate sales have significantly picked up over the course of 2022, and demand and absorption seem to have now truly recovered post the pandemic shock suffered by the industry. ...

Business :48 lakh Demat accounts opened in India during July-September quarter: CDSL

The consistent increase in the number of new dematerialised accounts in India indicates that people here are increasingly participating ... ...

International :CDSL becomes 1st depository with 6 Cr active demat accounts

New Delhi, March 1 Central Depository Services (India) on Tuesday said it now has more than six crore ... ...