Zerodha braces for up to 50% revenue hit – Times of India

Zerodha braces for up to 50% revenue hit – Times of India



BENGALURU At the same time as brokerage agency Zerodha is witnessing its income and revenue plateau, it is bracing for a 30% to 50% hit in its income later this yr attributable to new laws regarding spinoff merchandise launched by Sebi.
The first rule, efficient Oct 1, is a ‘true to label’ round which requires market infrastructure establishments to be clear of their charging practices.Zerodha founder and CEO Nithin Kamath estimates that this can result in a ten% discount in its revenues. The second rule, which is presently within the session stage, focuses on index derivatives.







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