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

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 959.00
PNB 112.00
Bank Of Baroda 232.35
Canara Bank 118.60
Union Bank Of India 168.10
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