News From Press Demat Accounts Grow 26% To 12.7 Cr In Aug; Know Key Reasons Here

Demat Accounts Grow 26% To 12.7 Cr In Aug; Know Key Reasons Here

Source: News18 Sep 26, 2023

he number of demat accounts rose to 12.7 crore in August 2023, a surge of 26 per cent on a yearly basis, primarily due to attractive returns from equity markets, and ease of account opening process.

Also, the incremental additions of such accounts were higher in August in comparison to the preceding month.

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