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Demat Accounts Surged But Penetration Still Low at 12% Compared to 62% in US
The Daily Guardian
|January 01, 2025
India's stock market landscape is witnessing rapid growth in demat accounts, but the penetration remains significantly lower compared to global standards, according to a report by Motilal Oswal.
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The report highlights that demat account penetration in India stands at just 12 per cent, far behind the 62 per cent penetration in the United States.
It said "The demat account penetration in India is at 12 per cent vs. 62 per cent for the US. Discount brokers, through their digital offerings, are changing the paradigm, enabling rising awareness and adoption of equity in lower-tier towns and cities".
The number of demat accounts in India has reached approximately 179 million recently, nearly doubling from 90 million in FY22.
Cette histoire est tirée de l'édition January 01, 2025 de The Daily Guardian.
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