“I must delete my Zerodha account”: Bengaluru Twchie mail gets a quick response from Nithin Kamath

Photo of author

By [email protected]


When his wife joined a global investment bank, Sashin was not expected to force him to quit her Zeroud. But the matter of compliance was brutal and negotiable:

“Close all Zerodha accounts. It’s not” a reliable mediator. “

The case? Zerodha did not have a material banking mark and was sufficient to create inner red flags.

JHA, the director of the producer in Bangaluru, was not ready to go quietly. A final email to the CEO of Zerouda Company, Nithin Kamt-motivated, was more curious than hope. After ten minutes, Kamat answered.

What was followed was not just a response. A collision cycle in the form of customer obsession was worth $ 2 billion.

“As a PMM, I liked their user interface.” But corporate mandate does not leave room for personal preferences. So send an e -mail to Kamath, half expected silence.

Instead, Kamat was almost immediately answered – and his team set out to work.

  • They immediately recognized the compliance gap: “We fix this with banks.”
  • They asked JHA to communicate directly with his wife’s employer to compliance with.
  • Share a road map to build institutional confidence – something that Zerodha is actively working on.

“I still close my account,” I admit. “But they won my confidence in life.”

Zerodha has always been a double -border sword. Its digital model only helped expand quickly and stay meager, but the lack of physical infrastructure raises confidence problems in traditional circles. Kathath publicly admitted to this gap.

While digital is effective for commercial services and small services, “material presence is very important” to obtain broader financial advice, lending and institutional credibility.

Zerodha does not look forward to a bank license soon. Kamath cited the organizational dangers as a great deterrent. Currently, mediation expands through partnerships – such as those that have platforms like Smallcase – and keep their concentration on operational efficiency.



https://akm-img-a-in.tosshub.com/businesstoday/images/story/202503/67de4ce15cb2c-while-digital-is-efficient-for-trading-and-small-value-services–a-physical-presence-is-crucial-fo-223835481-16×9.jpeg

Source link

Leave a Comment