Maharashtra announces temporary stay on issuance of new #auto-rickshaw permits. Govt says volume of 3-wheelers has reached a tipping point
#UBS Says:
🛺Maharashtra forms 15% of overall 3-wheeler volumes
🛺ICE 3Ws command over 30% margin accentuating impact on profitability
@TANGEDCO_Offcl Team, Old no 53 new no 107 TTK Road. 3 phase. But only one phase comes correctly, Other two seems weak Since morning today. 044-24990277
VERY IMPORTANT !
RBI Amendment – Impact on Stock Brokers
Effective 1 April 2026.
1. Only 100% secured funding for brokers
Limited carve-outs like intra-day settlement timing facilities
Earlier: Rs.100 bank guarantees could be taken with Rs.50 FD + Rs.50 unsecured (PG / corporate guarantee)
2. Bank Guarantees in favour of exchanges/clearing: Minimum 50% collateral required, and out of that 25% must be cash.
3. Equity collateral
Minimum 40% haircut wherever equity shares are accepted as collateral
4. No bank funding for prop trading
Exceptions only for market making, limited debt warehousing etc
5. All exposure count as capital market exposure
Banks’ overall limits for capital market exposure apply -- basically lending appetite may reduce
6. Ongoing collateral monitoring + margin call provisions
Collateral cover must maintained on an ongoing basis &
facility agreements to have explicit provisions for margin calls in case of shortfalls
OVERALL IMPACT
- Leverage reduces
- Higher capital blockage
- Bank Guaranteee cost likely to increase
- Promoter guarantee alone no longer sufficient
#Nifty #BankNifty #Trump #stockmarkets @CNBCTV18News #Broking #India