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Demat Account - Understand the aims and objectives of the Demat account. Read more about the importance, benefits, and advantages of the Demat account at India Infoline.

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India’s Finance Minister Nirmala Sitharaman stands next to Minister of State for Finance and Corporate Affairs Anurag Thakur (L) as she leaves her office to present the federal budget in the parliament in New Delhi, India, February 1, 2021. REUTERS/Anushree Fadnavis In India’s 2021 budget, Finance Minister Nirmala Sitharaman proposed merging the four acts that presently govern capital markets and securities, namely the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Depositories Act, 1996 (Depositories Act), Securities Contracts (Regulation) Act, 1956 (SCRA) and Governme...

Investegate announcements from Axis Bank Ltd, RE-CLASSIFICATION OF PROMOTER

How to open a Demat account online in minutes: Step 1: Pick a depository participant: The first thing you have to do is pick a depository participant. It can be an authorised bank, a financial institution or a broker with who you want to open your Demat account. Step 2: Opening Demat account: Go to the chosen depository participant's website and click on open Demat account tab. Fill in your basic details like name, mobile no, and email ID. Some brokers even allow opening Demat accounts using Aadhaar. Step 3: Pay account opening fee: Pay the account opening charge to your broker through net...