When a borrower takes a loan against securities/shares (LAS), he/she pledges his shares to the lender in exchange of the money the lender gives the borrower.
The lender holds the borrower’s shares until the borrower repays the loan amount. Up on successful repayment of the loan amount, a borrower can release his/her securities by initiating a release request through the depository participant (DP).
When a borrower takes a loan against securities/shares (LAS), he/she pledges his shares to the lender in exchange of the money the lender gives the borrower.
The lender holds the borrower’s shares until the borrower repays the loan amount. Up on successful repayment of the loan amount, a borrower can release his/her securities by initiating a release request through the depository participant (DP).