HDFC Securities sees limited impact from RBI's new prop trading rules, expects firms to adapt
Published on: July 1, 2026, 1:09 p.m. | Source: CNBC TV18
Abizer Diwanji, founder of NeoStrat Advisors LLP, pushed back on the idea that the RBI is targeting capital markets directly, noting that market regulation is SEBI's — the Securities and Exchange Board of India's — job, not the RBI's. Instead, he said, the central bank's goal is to prevent bank funding from inflating asset prices in ways that create systemic risk.
