AI-generated · cited to primary sources · not investment advice
Management highlighted the continued focus on Tier 3 and Tier 4 cities as a driver for the 42% increase in registered accounts, aligning with the 'Neev@25' strategic outreach. (2 in progress, 3 met across 5 tracked commitments)
“And therefore, the true-to-label cost whilst it's a regulatory nudge is also an important part of the strategy of CDSL to ensure that there's a long-term sustainable participation by more and more new investors coming into the securities market fold and into the demat fold, so that the percentage of participation of a growing population increases from a 7%, at least 15% to 20%.”
See the full cited Management analysis of C D S L
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