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India's demat accounts exceed populations of Russia, Japan
short by Pragya Swastik / on Thursday, 5 September, 2024
The number of India's demat accounts, necessary for holding shares and securities in electronic form, surpassed the 17 crore mark for the first time in August 2024. As many as 42.3 lakh new demat accounts were opened in August, taking the total to 17.11 crore. At 17.11 crore, it exceeds the populations of countries like Russia, Ethiopia, Mexico and Japan.
read more at Moneycontrol