A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the stock market. In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited.
A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the stock market. In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited.
Source: Wikipedia "Demat account" · CC BY-SA 4.0
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