Comment on On the Karvy Issue
commented on
24 Nov 2019, 03:00 PM
Nithin, A very good post but youve forgotten to address one point : Say there is a client whose funds are parked in Zerodha say 1 Lakh Rs, un-utilised and sitting idle in Zerodha. Can that money be used by Zerodha to buy Liquid funds for itself and benefit itself from such interest rate provided by liquid funds. So while the clients Zerodha account shows 1 Lakh in reality that 1 Lakh is deployed in Liquid funds and benefits taken by Zerodha. Can such a thing happen?