Groww’s margin trading book swells eight-fold to over ₹1000 crore

Lending through the margin trading facility (MTF) by India’s largest discount broker rose to ₹1,036 crore in June 2025, marking an eightfold surge over the past year. Margin funding now contributes 3.1% to the broker’s total revenue, up sharply from just 0.1% a year earlier. Despite the rapid growth, it still makes up only about 1% of the total leverage availed by traders. NSE data pegs overall MTF borrowings at nearly ₹96,000 crore, backed by 477 crore shares.