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Economy

Experts discuss how loan against shares remain big risk to market

Updated : February 21, 2019 10:16 PM IST

The sharp fall in the prices of pledged shares has resulted in a huge problem for mutual funds and non-banking financial companies (NBFC).
Several NBFCs, including L&T Finance and certain entities of Edelweiss Group, have invoked pledge of listed shares of Anil Ambani-led Reliance group and sold shares worth approximately Rs 400 crore in the open market in February
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