India Markets

UPI Block for Trading: Keep Your Money in Your Own Bank

UPI block lets you trade without transferring cash to your broker — money stays blocked in your bank.
Funds keep earning savings-account interest until the exact settlement amount is debited.
Clearing Corporation settles directly with you, so a broker default can't touch your idle cash.
It's optional and still thinly offered — only a handful of brokers support it well.
Best for cash-segment investors holding large idle balances; active F&O traders gain little.

Read the full story on GeneralNews

Read full article →