fintech

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Fintech

Zerodha's Flat Year Exposes India's ₹1.51 Lakh Crore Margin Habit

India's combined MTF book hit a record ₹1.51 lakh crore on the same day Zerodha disclosed a second flat year. The country's brokers have quietly swapped trading fees for interest income, and half the collateral behind that lending is illiquid.

13 min read