NSDL, CSDL add 13 lakh new investor accounts in 2014

Total number of investor accounts at the country's two depositories, NSDL and CDSL, rose by nearly 13 lakh to 2.30 crore in 2014 calendar year.
The cumulative number of investor accounts at the depositories stood at 2.17 crore at the end of December 2013.
National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) allow investors to deposit securities by opening an account. The securities such as shares, debentures, bonds of investors are held in electronic form (dematerialised form) at the depositories.
As per latest Sebi report, individually, the total number of investor accounts at NSDL was 1.36 crore, as on December 31, 2014, against 1.30 crore as on December 31, 2013.

CDSL had 94 lakh investor accounts at the end of December this year, which was 7.2 lakh more than that at the end of December 2013.
"In December 2014, the number of investor accounts at NSDL and CDSL increased by 0.6 per cent and 1.5 per cent, respectively, over the previous month," it added.

Further, the market regulator noted that "a comparison with December 2013 showed there was an increase in the number of investor accounts to the extent of 4.4 per cent at NSDL and 8.2 per cent at CDSL".
Meanwhile, data showed that the total value of securities in dematerialised form at the depositories stood at more than Rs 111.50 lakh crore at the end of December, 2014, a rise of over 37 per cent over the same period in 2013.

NSDL registered demat securities worth about Rs 98.05 lakh crore while CDSL recorded demat value of more than Rs 13.44 lakh crore on its platform, as on December 31, 2014.