Zerodha co-founder Nithin Kamath welcomes RBI’s move to raise share-backed loan limit to Rs 1 crore
Zerodha CEO Nithin Kamath welcomed the RBI's decision to raise the loan against shares (LAS) limit from Rs 20 lakh to Rs 1 crore. He believes this 'good change' will popularize LAS, as many investors currently opt for high-interest personal loans or credit cards due to low awareness.
Zerodha CEO Nithin Kamath welcomed the RBI's decision to raise the loan against shares (LAS) limit from Rs 20 lakh to Rs 1 crore. He believes this 'good change' will popularize LAS, as many investors currently opt for high-interest personal loans or credit cards due to low awareness.
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