Nithin Kamath says Zerodha limits lending to loans against securities due to higher funding costs, tougher competition, and risks linked to unsecured credit. Lower-risk, collateral-backed loans align better with its philosophy and customer base, making them a natural extension of its broking business.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
August 25, 2026