CDSL's tally of active demat accounts has reached 6-crore mark. CDSL, which allows investors to deposit securities by opening an account in electronic form (dematerialised), gets its revenues from transaction charges, account maintenance charges and settlement charges paid by depository participants. Earlier, in November 2021, the company had surpassed 5 crore plus (50 million) active demat accounts.
Central Depository Services (India) (CDSL) was set up with the objective of providing convenient, dependable and secure depository services at affordable cost to all market participants.
