Yes Securities' demat accounts grow by 5 times

Jaipur: Yes Securities (YSL), one of the leading wealth broking and financial advisory firms, has seen around 5x growth (YoY) in opening new demat and trading accounts in Rajasthan in the last financial year. Increasing financial awareness, rapid internet penetration, and digitization of user onboarding journeys are the major reasons for this increase, said Anshul Arzare, joint MD and CEO of the company. Around 25% of all accounts opened by Yes Securities in Rajasthan are by women investors, he added. tnn