BSE Shares Plunge Nearly 10% Following RBI's New Cash-First Brokerage Norms
Shares of the Bombay Stock Exchange (BSE) experienced a significant decline of nearly 10% during intraday trading on Monday. This downturn followed the Reserve Bank of India's (RBI) announcement of new draft regulations aimed at reducing brokerage leverage, which require fully secured bank guarantees starting April 1, 2026. Financial analysts, including those from Citi, have expressed concerns about the increased capital intensity that these new norms could impose on brokerages. Despite the current drop, BSE's stock has shown impressive growth, rising approximately 64% over the past year. The market's reaction underscores the potential impact of regulatory changes on financial institutions and highlights the ongoing challenges faced by brokerages in adapting to stricter financial oversight.
Originally reported by NDTV Profit. Read original article
Related Articles
Business‘Flirted too hard, now this is my life in small Pakistani colony’: US woman shares glimpse post marriage
A US woman has shared her experiences living in a small Pakistani colony after marrying a local man. In her social media...
BusinessQuote of the Day: Jean-Paul Sartre on impact of conflict —'When the rich wage war, it’s the poor who die'
Jean-Paul Sartre's poignant reflection underscores the stark reality that wars, often instigated by the affluent, dispro...
Business‘Bengaluru girls will never do this’: Viral video of pool party in Bangalore sparks debate on social media
A viral video of a pool party in Bengaluru has ignited a heated debate on social media regarding contemporary social nor...
BusinessDo Deewane Seher Mein Box Office Collection Day 5: Film Struggles To Maintain Pace, Mints This Amount
The film 'Do Deewane Seher Mein' has seen a promising start at the box office over its opening weekend but is now facing...