Indian brokers seek six month freeze on new RBI lending rules

India's brokers lobby has requested a six-month delay on new central bank rules. The RBI recently tightened lending norms for market intermediaries.

India ININ's brokers' lobby has requested that the Reserve Bank of India keep its recently issued rules in abeyance for six months after the central bank tightened norms for bank lending to stock brokers and other market intermediaries. The request comes immediately after the central bank tightened lending norms last week, a policy shift that directly affects the financial sector.
A man speaks on his phone as he walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India, February 7, 2025. REUTERS/Francis Mascarenhas/File Photo
A man speaks on his phone as he walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India, February 7, 2025. REUTERS/Francis Mascarenhas/File Photo
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.