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Tech snags disrupt new NSDL, CDSL demat apps
Mint New Delhi
|February 27, 2025
A miss is as good as a mile
Investors who have demat accounts with the National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) can access their holdings across the two platforms in one place. On 20 February, NSDL and CDSL, in collaboration with the Securities and Exchange Board of India (Sebi), launched apps that consolidate an investor's financial data and offer a seamless and comprehensive view of their portfolios on a single interface. These unified platforms are meant to offer convenience to millions of demat Indian account holders.
According to Sebi's annual report for 2024, CDSL had 115.6 million demat accounts and NSDL had 35.8 million on 31 March 2024.
However, CDSL's MyEasi mobile app and the SPEED-e app of NSDL face significant performance issues.
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