SLB (Security Lending & Borrowing) is a legally approved medium for lending and borrowing of securities. All market participants including retail (except Qualified Foreign Investors) in the Indian securities market have been permitted to lend/borrow securities but only through an Authorized Intermediary(AI). NSCCL (NSE clearing corporation) and BOISL (BSE clearing corporation) are the nodal agencies presently.
Kindly note, currently Upstox is not offering SLB services. We will notify you when they're available.