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    <title>Eligibility criteria for approved intermediary</title>
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      <description>Acting as an approved intermediary under the Securities Lending Scheme, 1997 requires a certificate of registration from the Board; the Board grants certificates after assessing a prescribed net worth requirement (with a special provision for clearing houses or clearing corporations subject to Board-specified net worth after consultation with the stock exchange) and reviewing adequacy of infrastructure including office space, equipment and experienced manpower to discharge securities-related activities.</description>
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