11/10/2024, 3:21:03 pm

Total Demat accounts surge by 4.4 million to 175 million in September

The total number of demat accounts in India surged to 175 million in September 2024, according to a report by Motilal Oswal Financial Services. This marks an increase of 4.4 million accounts added during the month, contributing to an average monthly addition of 4 million accounts for YTD FY25.114142803The report highlights a notable rise in demat account openings, with Central Depository Services.