STOCKS | Reserve Bank of India Restricts Lending to Stock Brokers and Traders

The Reserve Bank of India (RBI) has imposed restrictions on lending to stock brokers and proprietary traders, aiming to address the leverage that has contributed to significant growth in the derivatives market. Bloomberg posted on X, highlighting the central bank's move to mitigate risks associated with excessive borrowing in the financial sector. The RBI's decision comes amid concerns over the rapid expansion of the derivatives market, which has seen substantial increases in trading volumes. By limiting access to credit for brokers and traders, the RBI seeks to ensure stability and reduce potential vulnerabilities in the financial system source: https://www.binance.com/en/square/post/294577594405217?utm_source=BinanceNewsRSS