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MTF Book Soars Past ’1.5 Lakh Crore in September; PB Fintech, Granules India Lead Surge
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CNBC TV18•05-10-2026, 04:07
MTF Book Soars Past ’1.5 Lakh Crore in September; PB Fintech, Granules India Lead Surge
  • •India's Margin Trading Facility (MTF) book exceeded ’1.5 lakh crore by September end, reaching ’1.51 lakh crore, a 3.6% growth from August.
  • •HDFC Bank maintained its top position in MTF exposure, followed by BSE, Reliance Industries, Jio Financial Services, and Infosys.
  • •PB Fintech saw the largest increase in MTF positions, jumping over 556% from ’38.7 crore to ’254.2 crore in September.
  • •Granules India experienced a 400% surge in its MTF exposure, increasing from ’123.6 crore to ’618.1 crore.
  • •HFCL recorded the biggest drop in leveraged positions, with its exposure plummeting by 98% from ’509.5 crore to ’11.1 crore.

Key Questions Answered

At the end of September, the total Margin Trading Facility (MTF) book size stood at ₹1.51 lakh crore, marking a 3.6% growth compared to the August 31 figure of ₹1.45 lakh crore.

PB Fintech saw the biggest increase, with its positions jumping from ₹38.7 crore at the end of August to ₹254.2 crore by September 30. Additionally, Granules India saw a five-fold jump, while Clean Max, KEI Industries, and Quality Power all saw their MTF exposure more-than-triple.

HFCL recorded the biggest drop, with its exposure plunging from over ₹500 crore in August to nearly zero by the end of September. Coal India's subsidiary CMPDI saw its exposure drop by half, while parent Coal India experienced a 31% month-on-month decline.