As India shifts towards high-risk, high-return investment options, households are losing around Rs 60,000 crore annually in derivatives trades. With 90% of derivatives traders incurring losses, there are concerns about household savings being wasted on speculation. In response, SEBI has introduced a seven-point plan to curb such trades, and the Union Budget includes measures to discourage them. This situation offers banks hope that investors might return to traditional savings options.
from Banking/Finance-Industry-Economic Times https://ift.tt/HyEjfRF
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