Economic Timesأخبار اقتصادية

Get ready to pay more for margin trading

Mumbai: Non-banking finance companies have raised the cost of borrowing for stock brokers by 25-30%, according to four industry officials familiar with the matter. The move will make margin funding – a short-term loan that brokers extend to investors for buying shares they cannot afford otherwise – costlier for clients, the officials said. Brokers borrow from NBFCs to finance their margin trading facility (MTF).

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