If SEBON takes such initiative, the move will ensure easy transfer of money to the investors, make the share market transparent and vigorous and helps to expand cashless transactions. It will also minimize the process and cost of Demat trading for all concerned parties. The move will be a stepping stone in the development of automated online share trading in the country.
For that matter, SEBON should develop a framework under the co-operation of stakeholders including investors, share brokers, banks and financial institutions, merchant bankers, clearing banks and other concerned parties.