New demat additions saw a 33 per cent rise from the previous year, taking the total tally to 185.3 million.
The number of demat accounts in India has skyrocketed since Covid-19, driven by simplified account opening, widespread smartphone adoption, and favourable market returns.
Demat accounts have more than quadrupled in the last five years from 39.3 million in 2019.
This story is from the January 09, 2025 edition of Business Standard.
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This story is from the January 09, 2025 edition of Business Standard.
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