From Paper to Digital: The Evolution of Demat Accounts
Demat accounts were introduced in India in 1996 to eliminate the need for physical share certificates. The system has evolved over the years, and demat accounts today offer a host of features and services, such as online trading, e-IPOs, and easy participation in corporate actions. The Demat account offers convenience, easy access, safety and security, and faster settlement. Investors should be aware of the drawbacks, such as charges for account opening, maintenance, and transactions. It is important to understand the risks involved in investing in the stock market and to conduct thorough research before making any investment decisions.
Comments
Post a Comment