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Karthik Rangappa commented on 15 Jul 2019, 04:54 PM

Sunil, Zerodha NBFC will run a retail book and the good thing about this would that this is secured lending, as these loans are given out against marketable securities such as shares and Mutual fund holdings. So even if the client defaults, we will have the securities with us which can be liquidated and adjusted for the principal.

So there is no question of big NPAs or impact on MF holdings.

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