Don't know...
I saw in Fyers tread, they recently reduced leveraged 4X to 3X (they mentioned SEBI intervened such high intraday leverage, they have to find the alternate way).
Brokers who want to provide extra intraday leverage, need to bring extra cash from another source. There is a cost attached to it, most brokers make it up with extra transaction cost or extra brokerage or other ways(funding with charges).
Sebi already increased the margin for positional trades (compulsory span +exposure), now they are demanding higher intraday margin too.
Day by day with new rules, SEBI is making brokers job difficult to give high intraday leverage.