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HomeNewsOpinionBadla financiers are very much alive and flourishing

Badla financiers are very much alive and flourishing

Badla traders have evolved and adapted to the changing times, shifting their trading strategy to the futures and options segment

January 23, 2024 / 10:48 IST
The badla charges were never pre-fixed. You had to negotiate interest rates in a special one hour badla session on the next day of the expiry where lenders would haggle with borrowers over interest rates
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