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Billionaire India Broker Says Margin Lending Surge Is ‘Scary’

Bloomberg
Bloomberg
by Ashutosh Joshi
Aug 27, 2026 · 10:31 AM
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Billionaire India Broker Says Margin Lending Surge Is ‘Scary’
Billionaire Nithin Kamath, founder of India’s second-largest stock broker Zerodha Broking Ltd., warned that the surge in his company’s margin-loan business may pose a risk if markets fall sharply even as the activity boosts revenue.
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