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CDSL hits milestone of 4 crore demat accounts

CDSL hits milestone of 4 crore demat accounts CDSL hits milestone of 4 crore demat accounts Last Updated: Fri, Jul 9th, 2021, 16:37:39hrs Mumbai: The Central Depository Services Limited (CDSL), the only listed depository in India has hit a milestone of 4 crore demat accounts. On Thursday, CDSL expressed joy at reaching the milestone. Nehal Vora, Managing Director at CDSL in a note, said I will firstly congratulate SEBI – the capital market regulator for being the visionary leader that guided us to this digital growth and safe ecosystem. It is their foresight that transited the long demat account opening procedure into an easy digital experience without compromising on the necessary controls. Our milestones are a result of the hard-work and coordination of all the market infrastructure institutions and the market intermediaries. I wish to thank the investors for choosing CDSL to be their depository.

What You Need To Be Wary Of Before Opening Your Demat Account

What you need to be wary of before opening your demat account There are various investment tools that can help in starting the financial journey. That said, you should have a fair knowledge about the financial markets before investing. February 04, 2021 / 11:21 AM IST Financial planning is one of the top priorities on everyone’s to-do list. We want to create sufficient wealth for our short-term goals such as travelling, buying a car, and long-term goals that include buying a house, higher education, and post-retirement life. To build a corpus for these milestones, we put ourselves under a tight budget and automate our monthly salaries into a savings account.

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