Record 53,000 demat accounts closed in February

SV Ramanan, CEO of CAMS Repository Services says across all insurance repositories only 89,000 e-insurance accounts have been opened (across the country). The total number of life insurance policyholders is more than 3.3 million. The latest initiatives from ...

State Bank of Travancore on Friday tied up with SBI Cap Securities Ltd for handling Demat and Trading Accounts of customers. The arrangement will facilitate SBT customers to have 3 in 1 account with online trading of shares and securities. G ...

Watch the interview of Gaurav Mashruwala, Certified Financial Planner with Ekta Batra Reema Tendulkar on CNBC-TV18, in which he spoke about investing in mutual funds.

On February 17, when finance minister P Chidambaram placed the Interim Budget in the Lok Sabha, it was clear that there was no major takeaways for investors. However, among several economic and taxation related proposals, there was one sentence that ...

The Securities and Exchange Board of India (Sebi)s low-cost demat account initiative has benefited only a fraction of the investors it was envisaged for. According to estimates, only two per cent of the overall equity investor base of 22 million has ...

Contributed by NAMPA / PTI. Mumbai, Feb 17 (PTI) Stock exchanges, markets players and analysts today welcomed Finance Minister P Chidambaram's proposal to introduce one demat account for all financial investments of an individual, saying the move ...

NEW DELHI: You will soon have a common demat account for all your financial assets: equities, bonds, mutual fund units and bank deposits. Apart from simplifying your life, this will help the government curb black money and increase tax compliance. ...

Interim budget for 2014-2015, which the government will unveil later today, will set the tone for the stock markets in near-term. Besides, global cues, movement of rupee and investment pattern of foreign institutional investors (FIIs) will also be important ...

SEBI today said investors will soon be able to have a single dematerialized account for all classes of their financial investments. "All financial instruments can be operated through single dematerialized account and this facility will be operational by the ...