Investor accounts at NSDL, CDSL cross 2 cr

The cumulative number of investor accounts at the country's two depositories NSDL and CDSL stood at 2.22 crore as of July-end - an addition of more than 9 lakh investor accounts year-on-year.
The total number of investor accounts at the depositories stood at 2.13 crore in July, 2013.
National Securities Depository Ltd and Central Depository Services Ltd allow investors to deposit securities on opening accounts. The securities like shares, debentures, bonds of investors are held in electronic form (dematerialised form) at the depositories.
Individually, the total number of investor accounts was 1.32 crore at NSDL at July-end 2014 as against 1.28 crore in the same period last year, data with the depositories showed.

CDSL had as many as 89.75 lakh investor accounts at the end of July this year, up from 84.70 lakh accounts in the year-ago period.
Meanwhile, data showed that the total value of securities in dematerialised form at the depositories stood at more than Rs 116 lakh crore at the end of July, a rise of nearly 62 per cent over the same period in 2013.

NSDL registered demat securities worth about Rs 103 lakh crore while CDSL recorded demat value of more than Rs 13.5 lakh crore on its platform, as on July 31, 2014.
Besides, the cumulative quantity of securities in demat form stood at 1.02 lakh crore in July compared to 43,817 crore in the year-ago period.

The quantity of demat securities on NSDL and CDSL stood at 84,038.5 crore and 18,390 crore respectively in July.