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
IN'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.












