In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets:
1. SEBI’s Front-Running Scandal
Dive into SEBI's investigation of a ₹4.82 crore front-running scam involving insider trading, coded messages, and family conspiracies. A web of brokers, dealers, and relatives ran this operation for five years, exposing vulnerabilities in India’s trading ecosystem.
2. Rising Stress in Unsecured Loans
India's banks face rising defaults in unsecured retail loans, especially in microfinance. With NPAs climbing and borrowers under strain, major players like IDFC First and Kotak Mahindra Bank are struggling, while ICICI Bank stands out with better asset quality.
Timestamps:
00:00 Stories Coming Up!
00:17 Intro
00:56 SEBI's crackdown on market cheats
05:58 The rise of risky loans, the fall of savings
12:17 Tidbits
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Listen to this episode on your preferred podcast platform:
Spotify: open.spotify.com/show/2SJiLdv5LdxN2y2TKzJcdn
Apple Podcasts: podcasts.apple.com/in/podcast/the-daily-brief/id17…
Watch this episode in Hindi on @marketsbyzerodhahindi : • SEBI ka Front-Running par Crackdown! ...
Watch this episode in Kannada on @marketsbyzerodhakannada : • How SEBI Plans to Stop Front-Running ...
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