Investors can store and access their demat account statements and mutual fund holdings through DigiLocker beginning April 1. The initiative...

Sebi will implement measures from April 1, 2025, to reduce unclaimed assets in the securities market. These include handling inactive accou...

Regulator Sebi expresses concern over unresponsive PMS firms in the market. Compliance issues and potential misuse of licenses highlighted....

Punjab National Bank will close dormant accounts inactive for over three years to prevent misuse, unless KYC documents are submitted; exemp...

According to industry estimates, around ₹55,700 crore of shares and dividends have been shifted to the government's Investor Education and ...

If an individual has not claimed dividend given on shares held by him or her for seven consecutive years, then the company has to transfer ...

An trading and demat account is most required for purchasing and selling and holding shares. However the trading and demat account could be...

LIC is currently commanding a premium of Rs 85 per share in the grey market, about 9% more than its price band of Rs 902-949 per share. Tho...

KYC compliance for demat and trading accounts has been extended until June 2022. This means that holders of demat and trading accounts must...

From linking your PAN with Aadhaar to updating KYC details in your bank account and demat account to filing belated ITR, here is a look at ...

LIC is expected to be valued around Rs 13-15 lakh crore, with the insurance behemoth raising about Rs 70,000 crore-Rs 1,00,000 crore from i...

Investors should continue to operate and monitor their demat accounts to avoid them from being inactive or dormant.

Why are stocks rallying amid the worst economic crisis since the Great Depression?

While disposing of the case, Sebi said "the enforcement proceedings for the alleged default...are settled qua the applicant."

Bank accounts that are not being used for a long time should be closed as they are designated as dormant and may invite penalty.

Many investors are known to open demat accounts to convert old paper securities, or to invest in an IPO and not transact on them.

Brokers were more than happy to arrange the dormant demat accounts for these investors as they borrowed money to place bids in the OFS.