CDSL has opened over 1.09 crore demat account - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Wednesday, May 25, 2016

CDSL has opened over 1.09 crore demat account

CDSL releases a report on ‘Profile of CDSL Demat Account Holders’
  

Central Depository Services (India) Limited [CDSL] is pleased to announce the release of a report on Profile of CDSL Demat Account Holders. The executive summary of the said report is attached for quick reference. The detailed report can be downloaded from https://www.cdslindia.com/publications/CDSLProfile.html .

Currently CDSL has opened over 1.09 crore demat account which are serviced by its 583 DPs spread across the country. We sincerely hope that the information contained in this document will enrich the process of policy making and may help in improving its outcome. These demat accounts have a wealth of information available in electronic format.  An analysis of such information can provide an insight into psyche of investors in securities market.   Therefore, CDSL has undertaken, in a limited way, profiling of CDSL demat account holders which may present the behavioral patterns of Indian investors.

We  express our gratitude to the Capital Market Division of Department of Economic Affairs, Ministry of Finance at whose behest we first conducted such data analysis and then extended it further to cover other parameters. Our thanks also to the Research Department of SEBI for providing invaluable guidance in making this report.

About CDSL

CDSL, a leading securities depository, is promoted by BSE Ltd. and by leading private and public sector banks. CDSL’s enduring focus on delivering quality services and innovative products has propelled it on a high-growth path in recent years. Since the financial services industry has become increasingly IT-reliant, cutting-edge technology is at the heart of CDSL’s strategic vision. Above all, it is the ethos built by CDSL’s management - of user responsiveness and ability to speedily address new developments. Presently, CDSL’s services are delivered by 583 Depository Participants to more than 1.09 crore depository accountholders from over 16,000 locations across India. For more information on CDSL, visit www.cdslindia.com


CDSL has opened over 1.09 crore demat account Reviewed by S. Chitra on May 25, 2016 Rating: 5 CDSL releases a report on ‘Profile of CDSL Demat Account Holders’     Central Depository Services (India) Limited [CDSL] is pleased ...

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