RBI caps loans against shares at Rs 1 crore system‑wide, defers norms to July

The Reserve Bank of India has capped loans for buying shares and other securities at ₹1 crore per borrower across the banking system, while loans for IPOs, follow-on offers and ESOPs are limited to ₹25 lakh per individual. The move aims to curb excessive speculative borrowing and reduce risks from leveraged positions during market swings.