Zerodha's Kamath Warns of MTF Risks

Nithin Kamath, the founder of Zerodha, a big company that helps people buy and sell stocks, has warned about some risks.

He's talking about a service called MTF, which lets people borrow money to buy stocks.

The amount of money borrowed for this has grown a lot, almost doubling in a year and increasing more than four times in four years.

Kamath says managing the risks of MTF is harder than other types of trading.

He's worried that if the stock market goes down quickly, many people might have to sell their stocks at the same time, which could make things worse.

He also mentioned that people can borrow a lot of money using stocks they own as security, which can lead to bigger losses if the market falls.