RBI Tightens Broker Funding: Why BSE, Angel One & Groww Shares Slipped
India’s capital market stocks witnessed sharp selling pressure after the Reserve Bank of India (RBI) introduced stricter lending norms for brokers and capital market intermediaries. Shares of BSE dropped nearly 7%, Angel One fell over 5%, and Groww declined around 1.7% following the announcement. The sell-off was not triggered by weak quarterly earnings or operational … Read more