co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
Broking business did well in Q3 and is coming out of its stagnant volumes, said Satish Menon, Executive Director, Geojit Financial Services.
Our focus has been on diversifying the business from just a stock broking company to asset-based fee model, said Satish Menon, Executive Director, Geojit Financial Services.
The yield on mutual fund distribution is higher than the brokerage business, and Investors, prefer mutual funds more than direct investments into the market, said Satish Menon, Executive Director, Geojit BNP Paribas.
Speaking to CNBC-TV18, Satish Menon, ED of the company said that if improved sentiments translate to numbers, then next two to three quarters will be good. Volumes in the secondary market improved in the first quarter.
CJ George, Managing Director of Geojit BNP Paribas told CNBC-TV18 that margins fell in Q3 due to appointment of large number of people.
In an interview with CNBC-TV18, CJ George, managing director of Geojit BNP Paribas, spoke about the results and the road ahead for the company.
