Branch² Intelligence
Korea's NH to invest Rs 900 cr in Choice International broking arm
Key takeaway
NH Investment & Securities invests ₹900 crore in Choice Equity Broking via CCPS.
- Step 1NH Investment invests ₹900 crore in Choice Equity Broking via CCPS, directly infusing capital.
- Step 2Choice International's broking arm uses capital to expand client base and market share, driving revenue growth.
- Step 3Increased competition pressures smaller Indian broking firms to invest in technology or consolidate.
Source: IN:Economic Times
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