What is SLB?

SLB (Security Lending & Borrowing) is a legally approved medium for lending and borrowing of securities. All market participants including retail (except Qualified Foreign Investors) in the Indian securities market have been permitted to lend/borrow securities but only through an Authorized Intermediary(AI). NSCCL (NSE clearing corporation) and BOISL (BSE clearing corporation) are the nodal agencies presently.

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