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Brokers Cry for Six-Month Break from RBI's Wild Rules

Finance

Business Standard
Mr. BillionhairMr. Billionhair

Brokers Cry for Six-Month Break from RBI's Wild Rules

Listen up, folks! Brokers are begging for a six-month timeout on those ridiculous RBI rules that are tightening bank lending. They say it’s a total disaster! Less liquidity, higher costs—who wants that? They’re asking the regulator for a hand. Let’s make trading fabulous again! We need fairness, not this chaos! It’s time to fix this mess, believe me!

few days ago | Reuters

Quick rundown

1.Indian brokers seek a six-month pause on new RBI rules.
2.New rules could raise trading costs and reduce liquidity.
3.Foreign investors might gain market share due to new regulations.
4.ANMI requests intervention from the markets regulator.
5.A pause would allow time for feedback and impact assessments.

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