Collateral deposit of ₹4.5 tonne reflects inefficiencies in the system: SEBI’s Narayanji
Highlighting the inefficiencies within the system, Securities and Exchange Board of India (SEBI) whole-time member Ananth Narayan Ji on Thursday said most of the collateral held by investors is locked in opaque systems controlled by brokers, custodians and banks. Speaking at the India Fintech Forum 2024 in Mumbai, Narayan said that most of the collateral…