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NSE crosses 20 crore (200 million) total client accounts

NSE crosses 20 crore (200 million) total client accounts


The Hindu Business Line

NSE reaches 20 crore client accounts, adding 3 crore in just 8 months

 

According to NSE’s Chief Business Development Officer, Sriram Krishnan, this growth is attributed to digital advancements, mobile trading applications, and better market access in smaller cities, alongside enhanced KYC processes and financial literacy initiatives. | Photo Credit:

The National Stock Exchange of India (NSE) has surpassed 20 crore total client accounts, adding approximately 3 crore new accounts in just eight months, the exchange announced on Wednesday.

Maharashtra leads the state-wise distribution with 3.6 crore accounts, followed by Uttar Pradesh with 2.2 crore and Gujarat with 1.8 crore. Rajasthan and West Bengal have approximately 1.2 crore accounts each. These top five states represent nearly 50 per cent of all client accounts.

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Updated on: 29/11/2024