Demat

Going forward, experts believe that the growth in new demat accounts will depend on the market trajectory

Business Standard brings you the lowdown on demat accounts, trading accounts and a host of other terms and instruments you will find useful while moving your holdings

About 1.8 million new accounts added, 20% below monthly average for calendar 2022

Regulator issues fresh guidelines for unpaid securities

Market observers say brokerages have become less aggressive chasing clients, given the high cost of acquisitions and growing inactivity among retail investors

What is the difference between a demat and a trading account?

A Demat account is essential to hold and trade your shares, bonds and Mutual Funds. But, there is another account, called the trading account. Find out more about the two accounts and their difference

Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"

State-owned UCO Bank has extended the fintech partnership with Fisdom to include demat account and stockbroking services, pension funds and tax filing

Top brokerages have been opening nearly a million demat accounts since then and almost 75 per cent of them are under-30 investors

Market players said issue was with CDSL's portal used for authorising debit of securities from demat accounts. The system was set up last year to prevent misuse of power of attorney by brokers

Cement maker Dalmia Bharat Ltd on Friday said securities worth Rs 344 crore have been credited back to the demat account of its arm by IL&FS Securities Services following an order of the Supreme Court. Mutual fund units of its two erstwhile subsidiaries were earlier "fraudulently and illegally transferred" by Allied Financial Services Pvt Ltd (AFSPL) "in collusion with IL&FS Securities Services Limited (ISSL)", Dalmia Bharat said in a regulatory filing. The two subsidiaries were of Dalmia Bharat's step-down firm Dalmia Cement (Bharat) Limited (DCBL). "We hereby further update that the said Securities of DCBL lying with ISSL were released in favour of DCBL and credited back to its demat account as per said order of the Supreme Court," it said. Earlier on March 16, 2021, the Supreme Court had modified its previous order of August 2019 and had allowed the release of the securities. The apex court had directed "release of the Mutual fund units of two erstwhile subsidiaries of ...

She said the Committee of the Central Board (CCB) of RBI in its meeting held on October 11, 2017 indirectly agreed for electoral bonds to be issued if it is done by the SBI.

If demat holdings are intact, then Karvy's clients have the option to move to another broker. If not, they should complain.

The transfer of securities held in physical form is not permitted from April 1, 2019.

The decision also comes at a time when the ministry is clamping down on shell companies that are suspected of being conduits for illicit fund flows

For years, Sebi and exchanges have been trying hard to achieve 100% dematerialisation