https://www.taxtmi.com/circulars?id=3782 SEBI-registered FIIs and their sub-accounts are permitted to short sell and to lend and borrow equity shares of Indian companies subject to RBI and SEBI conditions. Permission is conditional on compliance with current FDI policy and exclusion of shares on the RBI ban/caution lists; borrowed shares may be used only for delivery into short sales; margin must be cash with no interest payable to FIIs. Designated custodian banks must report such transactions daily for RBI monitoring, and related amendments to FEMA regulations are being made. en-us Tue, 01 Jan 2008 00:00:00 +0530 Wed, 01 Oct 2008 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3782 SEBI-registered FIIs and their sub-accounts are permitted to short sell and to lend and borrow equity shares of Indian companies subject to RBI and SEBI conditions. Permission is conditional on compliance with current FDI policy and exclusion of shares on the RBI ban/caution lists; borrowed shares may be used only for delivery into short sales; margin must be cash with no interest payable to FIIs. Designated custodian banks must report such transactions daily for RBI monitoring, and related amendments to FEMA regulations are being made. Circulars FEMA Tue, 01 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3782