Groww to hike minimum brokerage, DP and MTF charges from June 21

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The story "Groww to hike minimum brokerage, DP and MTF charges from June 21" was covered 8 hours ago by Business Standard, a news publisher based in India.

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Groww to hike minimum brokerage, DP and MTF charges from June 21 - Business Standard

Quick Summary:

The changes in referrals, true to label norm, in funds being parked with brokers, and the interest brokers used to get, as well as an increase in the lot size of derivatives, impacted revenue.

DP charges are mandatory fees applicable to every sale transaction.

The broker funds the remaining amount and charges interest on this loan.