Revised RBI norms on bank guarantees could squeeze proprietary traders by sharply reducing leverage and raising funding costs, potentially hurting derivatives trading volumes. Analysts say the move, along with higher STT, may weigh on the valuations of exchange operators such as NSE, BSE and MCX.
Revised RBI norms on bank guarantees could squeeze proprietary traders by sharply reducing leverage and raising funding costs, potentially hurting derivatives trading volumes. Analysts say the move, along with higher STT, may weigh on the valuations of exchange operators such as NSE, BSE and MCX.
<iframe src="https://hindustansphere.com/embed/cluster/84cf3ede215e59413a2bc8be176b2fb4526eb383" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="The Rs 1.5 lakh crore bank guarantee link that could rattle NSE, BSE and MCX"></iframe>
