International Journal on Science and Technology

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Financial Literacy and Investor Awareness in Asifnagar Tehsil, Hyderabad: A Comprehensive Analysis

Author(s) Sushma Karnati
Country India
Abstract The depository system in India revolutionized securities trading by replacing physical share certificates with electronic holdings, known as dematerialized securities (or 'Demat'). As a market leader in depository and Demat services, the system ensures securities exist as digital entries in depository records, eliminating the risks and inefficiencies of paper-based transactions. The regulatory framework for this system was established under the Depositories Act (1996) and subsequent SEBI regulations. Despite its advantages, a critical question persists: How aware are investors of Demat accounts and their benefits? A recent study conducted in Asifnagar Tehsil, Hyderabad District, revealed low investor awareness regarding Demat accounts, highlighting a gap in financial literacy. This research investigates the extent of investor knowledge, challenges in adoption, and potential measures to improve awareness.
Keywords Depository, Depository Participants, Demat Account
Field Business Administration
Published In Volume 6, Issue 1, January-March 2015
Published On 2015-02-05

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