Canara Bank’s arm launches facility to open ‘Insta-Demat’ accounts online: Report

Canara Bank | Bank - Public | BFSI | BSE: 532483 | NSE: CANBK

26 Feb 2020 Evaluate

Canara Bank’s wholly-owned subsidiary -- Canara Bank Securities has reportedly launched a facility to open ‘Insta-Demat’ accounts online, in association with the National Securities Depositories (NSDL). The NSDL Insta-Demat account facility can also be used by clients for various purposes, such as applying for an IPO and NFO.

Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.

Peers

Company Name	CMP
State Bank Of India	980.30
PNB	116.10
Bank Of Baroda	234.85
Canara Bank	123.10
Union Bank Of India	176.60
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
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Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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