demat account Current Affairs, GK & News

Demat Account

Demat refers to a dematerialised account. Just as we open a bank account to hold money and make payments, we need to open a Demat account now to buy and sell securities (listed stocks), ETFs as well as debentures in the financial markets. Demat account is a requirement stipulated by SEBI for individual Indian Citizens. ..

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Karvy’s Trading License Suspended by India’s Top Exchanges

Hyderabad based financial service company, Karvy Stock Broking Limited trading license was suspended by National Stock Exchange(NSE) and Bombay Stock Exchange (BSE) due to non-compliance of norms with the Government of India’s regulator for the securities market, Securities and Exchange Board of India(SEBI). Earlier on 22nd November, SEBI in its initial findings found that Karvy ..