Comment on No DP charges on Coin redemptions!

Nithin Kamath commented on 03 May 2019, 03:34 PM

This is an extremely small charge but has been used against why Coin shouldn’t be used for direct MF. So yeah we got pushed to do this. We are about to start both Loan against securities (LAS) and Collateral funding on MF. So yeah, hopefully, we should be able to increase the client base on Coin and hopefully, all of this will help our LAS/collateral funding business.

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