Got it, thanks.
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So who all are coming back to zerodha for 0.04% per day MTF?
Maybe their cost of capital is high. Really disappointed though. All this wait turned out to be for nothing.
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But Noone Is Charging Less Except Bank Based Brokers
I didn’t know that, but still. Eventually they’re competitors.
Loan rates are more similar than they’re different despite the cost of capital being significantly different for different lenders.
So why should MTF be any different?
(This is just my take)
They Will Definitely Look For Revenue Source From Each Of Their Product, I Mean If NBFC Is Charging Say For Example 10% ,They Will Charge Extra Few %age To Meditate These Things, They Are Doing Business Afterall, But Anyway I Learned Somewhere That They Will Charge 0.035% Per Day But Now They Came Up With Higher Rates That’s Disheartening
