Kathmandu,
Jan. 14: In less than a year of Centralised Application for ASBA-Based Issuance
(C-ASBA) system implementation, 64 Banks and Financial Institutions (BFIs) have
been associated with it and 771,880 investors have obtained the CRN (C-ASBA
Registration Number).
According
to the Central Depository System and Clearing (CDSC) Limited, 57 companies have
issued and distributed shares through the new C-ASBA system. Likewise, about
398,388 investors are using CDSC-developed online system ‘Mero Share’ to get
information about their securities investment.
The CDSC
said in the 8th Annual General Assembly held recently that the
number of companies registered for the dematerialisation (D-Mat) of shares has
reached 195. The number of total D-Mat accounts has reached 1.42 million so far
with 421,523 accounts added in the last fiscal year.
Likewise,
about 1 billion 27 million units of shares were dematerialised so far.
Published in The Rising Nepal daily on 15 January 2019. 
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