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of <h1>SEBI Disapproves Foreign Institutional Investors Lending Shares Abroad, Revises Securities Lending and Borrowing Mechanism in India.</h1> The Securities and Exchange Board of India (SEBI) has reviewed data from foreign institutional investors and disapproves of them lending shares abroad. SEBI emphasizes that the facility for lending and borrowing is available on Indian exchanges and is in the process of revising the existing securities lending and borrowing mechanism. Custodians are instructed to inform their foreign institutional investor clients of SEBI's disapproval of lending shares outside India.
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