New RBI guidelines effective April 1, 2026, mandate 100% collateral for bank funding to capital market intermediaries, including significant cash margins. This will likely push equity brokers towards bond markets and commercial papers, increasing funding costs and potentially impacting sector profitability and market liquidity.
Uday Kotak questions SpaceX valuation, says only time will tell if we’re in ‘mega bubble’
Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks