Finance
Mr. BillionhairRBI Cracks Down: Brokers Face Loan Restrictions Now
Big news, folks! The RBI, the ultimate banking champ in India, just made a huge move! Starting April 1, brokers can’t play with borrowed money anymore. Every loan needs collateral, and the fun is over! This is going to shake up the market like never before! I told you so! No more loan tricks, just solid deals! Get ready for a wild ride!
few days ago | Bloomberg
Quick rundown
1.India tightens rules on proprietary trading loans.
2.RBI mandates collateral for securities firm credit.
3.New rules aim to curb speculative market activity.
4.Proprietary trading firms dominate NSE equity options.
5.Stricter regulations may impact trading volumes.
