Hi All,
SEBI has implemented new margin policy from December 1st onwards.
What happens in the upcoming phases?
The new changes will take effect in 4 phases.
Phase 1 (Dec 2020 to Feb 2021) - The minimum margin the broker has to collect while entering a position is 25% of the prescribed limit.
Phase 2 (Mar 2021 to May 2021) - The minimum margin the broker has to collect while entering a position is 50% of the prescribed limit.
Phase 3 (Jun 2021 to Aug 2021) - The minimum margin the broker has to collect while entering a position is 75% of the prescribed limit.
Phase 4 (Sep 2021 onwards) - The minimum margin the broker has to collect while entering a position is 100% of the prescribed limit.
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Thanks