Depository Services in India - Open Your New Demat Account with Jetrade's Offers

Are You Looking for Demat account in India

Open your Demat account with Jetrade! – Jetrade offers you best depository services in all over India. Important function of depository services India is holding shares & securities in the form of electronic certificates dematerialized. In existing depository services function, securities are held in depository accounts which are same as banking accounts. Transfer of share & stock ownership can be done by simple account transfer.

There are two types of Depository Services:

·         NSDL (National Securities Depository Limited)

·         CDSL (Central Depository Services Limited)

NSDL (National Securities Depository Limited): - This Corporation is located in Mumbai, India. Working for central securities depository in India. It’s promoted by institutions of national reputation and responsible for the electronic development of India.

NDLS is promoted by NSE (National Stock Exchange), IDBI (Industrial development bank of India Ltd.), UTI (Unit Trust of India), and some of prominent banks in country have taken a stake in NSDL.

NSDL is promoted by IDBI (Industrial Development Bank of India Limited), UTI (Unit Trust of India), NSE (National Stock Exchange), and some of prominent banks in the country have taken a stake in NSDL. Like SBI, HDFC Bank, Axis Bank, OBC, Dena Bank, Canara Bank, Union Bank of India etc.

CDSL (Central Depository Services Limited): - This is the second Indian central securities - Depository services in India based in Mumbai. CDSL is promoted by Bombay Stock Exchange (BSE), State Bank of India (SBI), Bank of India, Bank of Baroda, HDFC Bank, Standard Chartered Bank, and Union Bank of India.

For more articles and Technical Analysis click here: http://www.jetrade.in/depository-services.aspx

Do you know. Who will become Third largest economy in the world ?

India projected to be third largest economy by 2030

Get ready for a new economic order. In the world 15 years from now, the U.S. will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind.

That's according to the U.S. Department of Agriculture's latest macroeconomic projections that go out to 2030, displayed in the chart below. The U.S. will just barely remain the global leader, with $24.8 trillion in annual output. The gray bar represents the $16.8 trillion gross domestic product projected for 2015, and the green bar shows how much bigger the economy is expected to be 15 years from now. The country, worth 25 percent of the world economy in 2006 and 23 percent in 2015, will see its share decline to 20 percent.

India, ranked eighth for 2015, will climb past Brazil, the United Kingdom, France, Germany and Japan to take third place in the world ranking. The International Monetary Fund calls India "the bright spot in the global landscape." The country will have the largest workforce in the world within the next 15 years, the IMF notes, and among the youngest.

Name Few Stock Broking Houses & #Equity Trading Company in India - #StockBroking #OnlineTrading

Top 10 Equity Trading Company in India

                                                 Indiabulls Securities

Indiabulls Securities is the leading brokerage firm in India, which started functioning in the year 2000. The company's businesses include real estates, home loans, power, securities and IT. Indiabulls securities is headquartered in Gurgaon, Haryana and employes over 4,000 people. Across the nation, Indiabulls securities operates through its 450 branches. The company provides its services both through off-line and on-line channels. Indiabulls Securities boasts of running one of the most efficient and fastest trading base in India. Rs. 1200 is the trade account opening fees at Indiabulls Securities.

Sharekhan Limited

Sharekhan Limited was also established in 2000 and is one of the top brokerage firms in India today. With its head office in Mumbai, Maharashtra, Sharekhan is present in around 450 cities in India and it is serving over 9,50,000 customers through its 429 outlets across the country. Sharekhan has two branches in Oman and UAE as well. The services provided by Sharekhan Ltd. include equities trade execution, portfolio management, distribution of mutual funds and commodities, structured products and insurance. One can open their trade account with Sharekhan Ltd. with Rs. 750 (Classic account) and Rs. 1000 (Trade Tiger).

Jhaveri Securities Ltd (Jetrade.in)

  

JHAVERI Securities Ltd with enormous knowledge in this diversified division of Institutional Investment Service is functioning productively & efficiently to strengthen relation with our overwhelming institutional customers. We strive to provide the highest degree of expertise investment services which help to expand both in a firm & turbulent manner. Our experienced institutional investment advisors partner closely with you to understand your essential needs, risk management, investment goals and desired outcome in order to provide you with tailored strategies and recommendations. 

Angel Broking Limited

Angel Broking started its operations in 1987 and has its headquarters in Mumbai, the commercial capital of India. Angel Broking is involved in the businesses such as equity trading, portfolio management services, commodities, mutual funds, IPO, Life Insurance, Investment Advisory and Depository Services. Angel Broking has more than 5,500 terminals in around 400 branches across India.

Reliance Money

Reliance Money is retail brokerage company and a subsidiary of the prestigious Reliance Industries. It was founded in 1987 and is based in Mumbai, Maharashtra. On a nationwide level, Reliance Money runs its business through 150 brnaches and around 2,000 employees. Reliance Money provides services related to mutual funds, fixed income, gold, portfolio management services and structured products. Rs. 750 are charged by Reliance Money to open a Demat or a trade account.

Kotak Securities Limited

With its headquarters in Mumbai, Kotak Securities Limited started its operations in 1994. It is subsidiary of Kotak Mahindra Bank. Over 5.58 lakh customers have an account with Kotak Securities. It has 450 branches in around 352 cities in India. The service base of Kotak Securities consists of stock broking, portfolio management services and other customer oriented financial services.

India Infoline Services

Like most of the other brokerage firms, India Infoline Services has its headquarters in Mumbai. It was started in 1995 and serves more than 2 million customers. The company has around 650 locations in India and abroad. It is present in Sri Lanka, Mauritius, Singapore, Hong Kong, Dubai, Switzerland, UK and USA. Rs. 750 is the amount required to open a demat account with India Infoline Services.

HDFC Securities

HDFC Securities is based in Mumbai and over 1 million customers have an account with it. The business services that HDFC Securities provides are mutual funds, equity, IPO, national pension system, NRI offerings, insurance, fixed deposits, bonds and loans. HDFC Securities has over 100 branches in India and has got over 1,500 employees working for it.

ICICI Direct

ICICI Direct is a subsidiary of the leading private bank the ICICI Bank and is headquartered in Mumbai, Maharashtra. It is involved in businesses such as equity, mutual funds, ETF, life insurance, fixed deposit, bonds and loans. ICICI Direct has around 300 branches across the country and over 2,000 employees. A trade account at the ICICI Direct can be opened with a fees of Rs. 750.

Bajaj Capital

A relatively new player in the brokerage market, Bajaj Capital started in 2008 and is based in Mumbai. It operated via 150 branches on pan India basis and a strong base of around 2,500 employees. It serves its customers through services related to mutual funds, fixed deposits, bonds, insurance, real estate and stocks.