Macro Finance
India’s Zerodha Gets Merchant Banking Permit as IPO Market Booms
Bloomberg Markets·September 2, 2026·1 min read
A unit of Zerodha Broking Ltd., India's second-largest broker founded by billionaire Nithin Kamath, secured a merchant banking license. The move comes as India's booming equity capital market attracts new entrants seeking a share of record fees from IPOs and other deals.
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