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Stock

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(Querist)
07 June 2011 Plz may i know
Is stock lending scheme also known as securities lending scheme
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
20 June 2011 Yes. As Stocks of companies are nothing but securities.
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Dayal

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Dayal (Expert)
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.
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