Review of the Securities Lending and Borrowing (SLB) framework

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....-14/2007 dated December 20, 2007 and operationalised with effect from April 21, 2008. The SLB framework was subsequently revised based on the need and representations from market participants vide circulars no. MRD/DoP/SE/Cir-31/2008 dated October 31, 2008, MRD/DoP/SE/Dep/Cir-01/2010 dated January 06, 2010, CIR/MRD/DP/33/2010 dated October 07, 2010 and CIR/MRD/DP/30/2012 dated November 22, 2012. ....

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.... AND (c) Average monthly trading turnover in the scrip in the Cash Market shall not be less than ₹ 100 crores in the previous six months. 2.2. Stock exchanges shall review the scrips eligible for SLB on a half-yearly basis. In the event a scrip fails to meet the eligibility criteria, no new SLB transaction shall be allowed in the scrip from the next trading day. However, the existing co....