Any broker giving s.l.b facility ?

S.L.B (STOCK LENDING & BORROWING ) Does any broker offer this facility & if any what are the brokerege charges . S.L.B is useful if you want to short sell
stocks (not intraday ) . The same can be done in futures but money management is difficult and making consistent profits in futures market if undercapatilised is very difficult .

SLB is available only for fno stocks and the cost happens to be prohibitive.

A borrower needs to pay the full amount upfront, plus additional margins.

A daily mark-to-market margin (making good any gains in the stock on a daily basis), a Value-At-Risk margin (based on stock volatility) and an Extreme Loss Margin.

SEBI also demands a cash margin of 25% of lending price from the lender which is very strange, because a stock owner now has to pay money and lend his shares to get some interest. And then theres the daily Mark-To-Market that borrowers have to pay.

The last issue was that retailers couldnt participate. While not specifically restricted by SEBI or the NSE, brokers simply did not integrate SLBS in their online offerings, trading terminals or indeed in any documentation they offered retail investors.

You would be better off with fno.