ThinkStock PhotosIndia’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 to India’s growth story. Moreover, it is our pride that so many investors have chosen to use CDSL as a medium in their wealth creation journey,” CDSL MD and CEO Nehal Vora said, adding that they are dedicated to making the process of using a demat account - seamless and effortless.
“Our goal is to every investor to be self-sufficient - an Atmanirbhar Niveshak through our digital services,” he said in a statement.
CDSL, which facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges. The demat accounts are serviced by CDSL’s more than 580 depository participants (DPs) from over 20,700 locations.
Major shareholders of CDSL include BSE, Standard Chartered Bank, PPFAS Mutual Fund, and .
The shares of CDSL, listed on NSE, ended 2 per cent lower today at Rs 1,137.50.
“We are delighted to see that investors across various states and union territories are now contributing to India’s growth story. Moreover, it is our pride that so many investors have chosen to use CDSL as a medium in their wealth creation journey,” CDSL MD and CEO Nehal Vora said, adding that they are dedicated to making the process of using a demat account - seamless and effortless.
“Our goal is to every investor to be self-sufficient - an Atmanirbhar Niveshak through our digital services,” he said in a statement.
CDSL, which facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges. The demat accounts are serviced by CDSL’s more than 580 depository participants (DPs) from over 20,700 locations.
Major shareholders of CDSL include BSE, Standard Chartered Bank, PPFAS Mutual Fund, and .
The shares of CDSL, listed on NSE, ended 2 per cent lower today at Rs 1,137.50.
Experience Your Economic Times Newspaper, The Digital Way!
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by