RBI funding curbs impact India's derivatives trading
after close1 source ↓written by the desknot a recommendation
- in average daily
- 27.1% decline
- for July
- ₹1.7 trillion
- for most trades
- 100% collateral
India's equity derivatives market is experiencing a 27.1% decline in average daily turnover, now at ₹1.7 trillion for July, the lowest since November 2023. This slowdown follows the Reserve Bank of India's new funding rules effective July 1, which restrict bank funding for brokers and require 100% collateral for most trades. Brokers warn that further impacts may arise as older bank guarantees expire.
Not investment advice. For informational purposes only.