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A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the share market. In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited .
Zerodha Broking Ltd is an Indian brokerage and financial services company, based in Bengaluru. It offers an electronic trading platform that facilitates institutional and retail trading of stocks , derivatives , currencies , commodities , mutual funds and bonds .
The market share of NSDL in value of demat assets is more than 89%. NSDL demat accountholders are present in more than 99% of pin codes in India and 189 countries across the globe. [citation needed] It contributes to majority of the settlement in the Indian securities markets and has more than 89% share in the total value of assets held in ...
CDSL is the largest depository in India in terms of number of demat accounts opened. In February, CDSL became the first depository in India to open 60 million active demat accounts. [4] As of March 2022, the depository holds assets worth ₹ 37.2 trillion, [5] with over 580 depository participants associated with CDSL. [6]
National Securities Depository Limited - NSDL - Having 2 crores Demat A/c as on 30-06-2020 [3] Central Depository Services Limited - CDSL - Having 2.3 crores Demat A/c as on 30-06-2020 [ 4 ] References
Timing Your Meals Like This Might Help Weight Loss Elizabeth Fernandez - Getty Images
He is the co-founder of Zerodha, a retail stockbroker, and True Beacon, an asset management company. [3] [4] [5] Kamath is a part of the 2024 Forbes World Billionaires List with a net worth of $3.1 billion. [6] [7] He, along with his brother Nithin, is also part of Forbes' list of India’s 100 Richest for 2024. [8]
The main e-stamping facility was opened on 3 July 2008 in New Delhi, India and was inaugurated by Chief Minister Sheila Dikshit.The goal of the e-stamp was to "prevent paper and process-related fraudulent practices" according to the SHICL chairman and managing director at that time, RC Razdan.