Demat Account Growth Slows to 6-Year Low Amid Declining Stock Market Craze

• Demat account growth in India sharply declined in 2025, reaching its slowest pace in six years.
• Total demat accounts reached a record 21.59 crore by December 2025, up from 18.53 crore in 2024.
• The growth rate was 16.5% in 2025, significantly lower than previous years.
• Only 3.06 crore new demat accounts were added in 2025, compared to 4.60 crore in 2024.
• CDSL accounted for a larger share of new accounts, adding 2.62 crore, while NSDL added 44 lakh.

Why It Matters: Demat account growth in India hit a six-year low in 2025, signaling a potential cooling of stock market interest.