How does the IDFC merger with IDFC first bank effect the loan against IDFC limited shares
Nothing changes for your loan against these shares; this is because the LAS system creates a duplicate/temporary ISIN for these shares on the backend. Once the new shares of IDFC First Bank are credited, these will be automatically pledged to Zerodha Capital, and the duplicate ISIN will cease to exist. There is no change in the LTV. There is no action needed from your side.
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