Banks to stop collateral-free intra-day funding to brokers - Economic Times
6:32pm PDT - May 22nd, 2022 general - The Times of IndiaTill now, such intra-day exposures to market intermediaries - unlike guarantees to a broker or longer-tenor loans to finance proprietary trades - were not considered as 'loan' to brokers. It largely remained a grey area as neither banks categorised it as capi…