Zerodha's Lending Operations Reach Book Size of INR 112 Cr in 2023

In 2023, Zerodha, spearheaded by Nithin and Nikhil Kamath, disclosed that its lending operations have achieved a substantial book size of INR 112 crore. The stockbroking platform's NBFC initiative, Zerodha Capital, is dedicated to aiding users in establishing robust credit profiles and facilitating access to loans with lower interest rates. Zerodha Capital intends to incorporate 653 securities spanning stocks and mutual funds, enabling users to pledge them for loan eligibility. Renowned for its discount brokerage, the company is broadening its product range, encompassing mutual funds and lending services, to fortify its overall market presence and deepen user engagement.