India’s two depositories -NSDL and CDSL -saw the number of investor accounts rising by 24 lakh in 2016, 44% more than a year ago, reflecting investors’ growing confidence in domestic bourses. In 2015, about 16.7 lakh investor accounts were added on the National Securities Depository Ltd and the Central Depository Services Ltd. The cumulative number of investor accounts stood at 2.71 crore at the end of December 2016.
