These and other planned initiatives follow a directive by finance and corporate affairs minister Nirmala Sitharaman to take swift remedial measures amid complaints of delay in transfers, according to people familiar with the matter.
Zerodha’s Nithin Kamath hails SCRA rule clarification for stock brokers, “huge” for Rainmatter. Here’s why
Nithin Kamath praised the Finance Ministry and NSE for clarifying SCRA rules, allowing brokers to invest their own funds freely. This regulatory shift will empower