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India’s Zerodha Gets Merchant Banking Permit as IPO Market Booms

Source: Bloomberg

Regulation & LegislationFintechCorporate Fundamentals

A unit of Zerodha Broking Ltd. secured a merchant banking license as India’s equity capital markets draw new entrants chasing record fees. The regulatory milestone supports Zerodha’s expansion into merchant banking, potentially improving revenue mix as capital markets activity remains strong.

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