Comment on Understanding the new margin pledge system — effective Aug 1, 2020
commented on
30 Aug 2020, 06:57 PM
Hi, Holdings and pledge had gone negative. This is poor execution by Zerodha. They had setup automated calls etc to inform us about new pledge system. But havent given a clue that some pledge will be amiss for a while. With so many newcomers/retailers, they should advise us of this rude shock which we may receive during re-pledge process. Should have included this in Risk-Assessment to avoid customer panic.
BTW, you can check holdings in CDSL Website by logging in using BO-ID and PAN.