With a week left before the Calendar 2024 draws the curtain, SBI Research in its latest note expects demat account additions to exceed the four crore level this year. SBI Reserach said nearly one ...

The number of demat accounts has more than quadrupled in the last five years from 39.3 million in 2019. According to a latest report by SBI Research, India is seeing at least 30 million new demat ...

A Demat account holds your shares and securities in electronic format. You need to select a depository participant (DP), which can be banks, financial institutions, brokers, or any entity ...

SEBI proposed in its consultation paper that if an investor does not have a demat account, the issuer companies will be required to open a separate demat account with a suitable ledger of ...

Notably, the number of demat accounts has more than quadrupled in five years, climbing from 39.3 million in 2019 to the current record. According to a fresh report by SBI Research, the growth curve is ...