Nithin Kamath responds to man accusing Zerodha of scam over withdrawal limit

Nithin Kamath responded to Dr Aniruddha Malpani, an investor in Zerodha, who accused the firm of indulging in scam over fund withdrawal limits. Malpani alleged that Zerodha was “using his money for free” by imposing daily withdrawal ceiling of ₹5 crore. Kamath clarified that his withdrawal request had been processed and said ₹5-crore threshold is set as a security measure.