CDSL becomes the first depository to open 7-crore active Demat accounts.
Central Depository Services (India) Limited (CDSL), first and only listed depository in India, is pleased to announce the crossing of another noteworthy milestone today, as the seven crore (70 million) plus active demat account were opened at CDSL.
CDSL is currently the largest depository in the country in terms of active demat accounts.
Commenting on the joyous occasion, Shri Nehal Vora, MD & CEO of CDSL stated: “We are delighted to see that investors across various states and union territories are now contributing to India’s growth story. Moreover, it is our pride that so many investors have chosen to use CDSL as a medium in their wealth creation journey!
As CDSL crosses another milestone of 7 crore demat accounts, it is not just encouraging for us but the entire ecosystem of Indian securities market. We would like to extend our appreciation to the investors for their ongoing support which helped make this achievement possible. In addition, this is an accomplishment that would not have been possible without the guidance of the regulator and the support of the market infrastructure institutions, market intermediaries and the employees of CDSL.
We are dedicated to making the process of using a demat account – seamless and effortless. Our goal is to empower every investor to be self-sufficient – an Atmanirbhar Niveshak through our digital services.”