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CASH AND CASH EQUIVALENTS
 12 Months Ended
Mar. 31, 2024
Cash and Cash Equivalents [Abstract]  
CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS
March 31, 2024March 31, 2023
Short term deposits in National Bank (Kazakhstan)$196,942 $357,454 
Securities purchased under reverse repurchase agreements134,961 29,812 
Short term deposits in commercial banks127,051 83,755 
Short term deposits in stock exchanges47,830 31,691 
Petty cash in bank vault and on hand22,613 35,998 
Cash in transit9,633 3,364 
Overnight deposits3,557 1,926 
Short term deposits on brokerage accounts2,917 37,417 
Short term deposits in the Central Depository (Kazakhstan)42 — 
Allowance for Cash and cash equivalents(462)— 
Total cash and cash equivalents$545,084 $581,417 
As of March 31, 2024 and 2023 cash and cash equivalents balance included short-term collateralized securities received under reverse repurchase agreements which the Group concludes mainly on KASE. KASE, in turn, guarantees payments to the counterparty. The terms of the short-term collateralized securities received under reverse repurchase agreements as of March 31, 2024 and 2023 are presented below:
March 31, 2024
Interest rates and remaining contractual maturity of the agreements
Average
interest rate		Up to 30
days		Total
Securities purchased under reverse repurchase agreements
Corporate equity14.57 %$96,647 $96,647 
US sovereign debt4.77 %16,885 16,885 
Non-US sovereign debt4.45 %12,468 12,468 
Corporate debt5.31 %8,961 8,961 
Total$134,961 $134,961 
March 31, 2023
Interest rates and remaining contractual maturity of the agreements
Average
interest rate
Up to 30
days		30-90
days		Total
Securities purchased under reverse repurchase agreements
US sovereign debt2.06 %$17,102 $— $17,102 
Corporate equity17.17 %6,963 — 6,963 
Non-US sovereign debt
6.12 %3,483 — 3,483 
Corporate debt2.52 %2,079 185 2,264 
Total$29,627 $185 $29,812 
The securities received by the Group as collateral under reverse repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral received by the Group under reverse repurchase agreements as of March 31, 2024 and 2023, was $133,380 and $31,165 respectively.
As of March 31, 2024 and March 31, 2023, securities purchased under reverse repurchase agreements included accrued interest in the amount of $106 and $11, with a weighted average maturity of 3 days and 9 days, respectively. All securities repurchase agreements transactions were executed through the KASE.