Demat Account

  • Sebi for no-frills demat a/c for small investors August 27, 2012

    New Delhi: With an aim to encourage an investment culture in the country, market regulator Sebi on Monday announced no-frills or basic trading accounts for retail individual investors with no charges applicable for holdings up to Rs 50,000. The investors can hold securities worth up to Rs two lakh in these...
  • Trust seeks demat accounts for Hindu deities July 12, 2010

    Mumbai: The Bombay High Court will decide on the issue after a religious trust filed a petition challenging the decision of the National Securities Depository Ltd (NSDL) to refuse it permission for opening demat accounts in the names of five Hindu deities. "When the Income Tax department has issued PAN cards...
  • Demat accounts close as stock markets weaken April 8, 2008

    Mumbai: Sarvesh Soni had opened a demat account six months ago hoping to cash in on the robust returns offered by the stock market, but the recent turmoil in Dalal Street has robbed him of his taste for share trading. “Some IPOs were giving good returns, so I decided to open...