RBI raised limit for loans availed by keeping shares or IPO bids as collateral. People can now avail up to ₹1-crore loan against shares, which allows access to funds without selling stocks. Additionally, investors willing to purchase shares in IPOs can take loans up to ₹25 lakh and then use the allotted shares as collateral to repay the loans.
short by
Ashley Paul /
10:52 pm on
05 Oct