Comment on Referrals and rewards

Nithin Kamath commented on 29 May 2019, 02:57 PM

For all those of you who had referred earlier and for which no credit was given, we will be crediting reward points by this weekend. We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program.

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