Stock
This query is : Resolved
07 June 2011
Plz may i know
Is stock lending scheme also known as securities lending scheme
Is stock lending scheme also known as securities lending scheme
CA PARAS BAFNA
(Expert)
20 June 2011
Yes. As Stocks of companies are nothing but securities.
25 July 2011
The stock lending scheme also called the securities lending scheme 1997 was approved by market regulator SEBI in February 1997, under the recommendation of B D Shah committee.
The scheme specifies lending of securities through an approved intermeidiatry with lending institution continuing to be the beneficial owner of these securities during the lending period.
The scheme specifies lending of securities through an approved intermeidiatry with lending institution continuing to be the beneficial owner of these securities during the lending period.
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