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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
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