Best demat account in india and demat account in usa
What is the process of opening demat account? demat account Table Of Contents What is demat account ? Or what is meant by demat account? Demat account is an a type of account that holds you debit and credit electronically, that are maintained by depositors. For eg in America there are 2 depository ADR( American depository receipts) and ADS (American depository shares). Where as in india there is NSDL(National securities depository limited & CDSL(Central depository service ltd) Now the question comes what is open de-mat account with depository? Depository is an organization that holds securities for eg : Debentures , Mutual funds , Shares , Bonds and many others. At present in India there are two depositories : NDSL ( National securities depository Ltd) and CDSL (Central depository services Ltd) but there is no direct contact between depository and investor. Depository interacts with investors through depository participants only. Depository...