Step by step guide for converting physical mutual fund units to demat account online, offline and vice versaAn individual may choose to convert their physical mutual fund units held through statement of account (SOA) mode to dematerialise mode onl...
16 Nov, 2023, 01.52 PM IST
CDSL crosses 8-crore active demat accounts’ milestoneCDSL is India’s leading and only listed depository. It received its certificate of commencement of business from Sebi in February 1999 and ...
09 Feb, 2023, 06.53 PM IST
Demat, trading account will be frozen if nomination not filed by this dateThe rule for mandatorily filing nominations or opting out of nomination was announced by Sebi via its circular dated July 23, 2021. By not ...
29 Mar, 2022, 09.23 AM IST
Geojit first to offer online opening of demat accounts for NRIsAs of now, brokerages offer trading and demat account opening facilities to NRIs only as a single category and not linked to an NRE and NRO...
10 Nov, 2021, 06.56 PM IST
BSE website slows down, investors vent on TwitterIn a tweet to its account holders, Zerodha said one may face an issue with authorising the sale of stocks due to an issue with CDSL.
19 Oct, 2021, 10.52 AM IST
How to transfer shares, other investments from one stock broker to anotherThere are various reasons for moving from one stock broker to another like the services offered, ease of doing transactions, brokerage or r...
24 May, 2021, 06.30 AM IST
CDSL says active demat accounts hit 2 crore markCDSL is the largest depository in the country in terms of active demat accounts and accounts for 67 per cent of the new accounts added in F...
27 Jan, 2020, 09.44 PM IST
How to buy shares?Demat and trading accounts are provided by the two depositories, NSDL and CDSL, through brokerage firms. In order to open these accounts, o...
07 Sep, 2017, 02.32 PM IST
E-verifying without net banking: More banks to follow PNB,UBIElectronic Verification Code (EVC) can be generated by pre-validating the bank account on the e-filing portal of the Income Tax Department.
14 Aug, 2016, 03.06 PM IST
Return of the retail investors NSDL and CDSL spurs growth in demat A/csUsually, new demat accounts are opened whenever there is a string of initial public offers, including PSU share sale by the government.
20 Aug, 2014, 05.35 AM IST
- Know all about transposition-cum-demat facility
Changing the order of names in which a security is held is called transposition. Sometimes, a shareholder owns physical certificates jointl...
02 Jan, 2012, 09.04 AM IST
- Life policies could soon become paperless
Life insurance policy holders may not be required to keep paper records of their policies once the plan for digitalisation of the sector th...
31 Jan, 2010, 11.26 AM IST
- Demat accounts with CDSL rises more than 60% in 8 months
Demat account holders strength was 24.07 lakh as on Aug 31 as compared to 15.55 lakh as on Dec 31, 2006, leading to addition of 9.52 lakh a...
03 Sep, 2007, 08.37 PM IST
- CDSL suspends 4.39 lakh demant accounts
CDSL, one of the two depository companies, has suspended 4.39 lakh demat accounts following failure on the part of account holders in provi...
16 Jul, 2007, 08.30 PM IST
- 28 lakh NSDL users yet to flash PAN
Around 28 lakh demat accounts with the National Securities Depository (NSDL) are yet to furnish details of their permanent account number (...
18 Dec, 2006, 02.33 AM IST
- OBC ties up with IL&FS Investmart for trading facility
Oriental Bank of Commerce has tied up with IL&FS Investmart for providing online and offline trading facility in shares to its demat accoun...
23 Nov, 2006, 04.50 PM IST
- NSDL, CDSL ride bull wave, net takes a leap
National Securities Depositories (NSDL), and Central Depositories & Securities (India) (CDSL), the two premier entities that facilitate hol...
15 Nov, 2006, 12.07 AM IST