Annual report pursuant to Section 13 and 15(d)

FEE AND COMMISSION INCOME/(EXPENSE)

v3.21.1
FEE AND COMMISSION INCOME/(EXPENSE)
12 Months Ended
Mar. 31, 2021
FEE AND COMMISSION INCOME/(EXPENSE)  
NOTE 19 - FEE AND COMMISSION INCOME/(EXPENSE)

NOTE 19 - FEE AND COMMISSION INCOME/(EXPENSE)

 

Fee and commission income/(expense) of the Company is comprised of the following:

 

 

 

Year ended

March 31, 2021

 

 

Year ended

March 31, 2020

 

 

 

 

 

 

 

 

Fee and commission income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Brokerage services

 

$ 245,913

 

 

$ 82,800

 

Bank services

 

 

12,403

 

 

 

7,240

 

Underwriting services

 

 

8,345

 

 

 

2,360

 

Other commission income

 

 

5,278

 

 

 

268

 

 

 

 

 

 

 

 

 

 

Total fee and commission income

 

$ 271,939

 

 

$ 92,668

 

 

 

 

 

 

 

 

 

 

Fee and commission expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Brokerage services

 

$ 63,098

 

 

$ 18,673

 

Bank services

 

 

5,095

 

 

 

1,299

 

Stock exchange services

 

 

1,924

 

 

 

710

 

Central Depository services

 

 

440

 

 

 

775

 

Other commission expense

 

 

2,543

 

 

 

479

 

 

 

 

 

 

 

 

 

 

Total fee and commission expense

 

$ 73,100

 

 

$ 21,936