For the common investor, there will be no change in the process, however, at the backend, the new mechanism will make the purchased securities safer, further protecting them against any possible misuse.
Diversified revenue profile, strong financials, and attractive valuations make this company’s stock a worthy long-term bet
With the broking business in the doldrums, some brokers raise money by borrowing against clients’ shares
As markets watchdog Sebi joins hands with banking regulator RBI to check 'pumping and dumping' of stocks by NBFCs, these lenders would have to soon mandatorily disclose details of shares pledged with them.
After briefly going through the NBFC recommendations by the Usha Thorat Committee, Nirmal Jain, chairman of IIFL said that the new morns will help the long-term health of the NBFC sector. However, he believes that the margin funding reuirements will have a negative impact on the NBFCs.