Demat accounts surge as more investors join the party

 There is a significant rise in the number of demat accounts with various banks as more and more investors now seek to convert their physical shares into electronic form.

 Sensing the opportunity, the private banks in the state have enhanced their customer care services, offering speedy and hassle-free demat accounts at cheaper rates.

 The nationalised banks have also joined the race, offering various services to the small and medium investors.