STRATEGY UPDATE - DIGITAL BANKING
Vakrangee
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सशक्त परिवर्तन
STRATEGY UPDATE - DIGITAL BANKING
VAKRANGEE WELL PLACED TO ENTER THE NEO BANKING SEGMENT
BFSI SERVICES : DEMAT & STOCK BROKING SERVICES
PERFORMANCE FOR PILOT PROJECT: ONLINE DEMAT & TRADING ACCOUNT OPENING
2,378
Q3 FY2021-22
12,892
10,514
Q4 FY2021-22
Full Year FY2021-22
Q4 FY2021-22
FY2021-22
Number of Demat
Accounts Opened -
Number of Demat
Accounts Opened -
10,500+
12,890+
Number of Outlet Transacted in PILOT Phase -
3500+
No. of Accounts Opened
Recently launched an online Demat & trading account services on Pilot basis in December, 2021 to enable seamless
online digital demat account opening services for the customers.
The company has rolled out the pilot across 3,500 outlets on Pan India basis. The Service is available on both Digital
Platform (BharatEasy App) as well as Physical network of Vakrangee kendras.
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Services would be rolled out now across the entire Network in the current FY2022-23.
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