Okey. As I have started it, then I shall end it.
Leverage is going to stop post 1 August 2020
Reality is that, all leverage in FnO was illegal from start. But in practice they used to give. So this applies even today. From 1 Dec 2020 the framework to catch the violators will be implemented setp by step. After 1 Aug 2021 giving leverage will be strictly no.
I pity the original asker of the question. He has ignored my comments for obvious reasons. But being in denial wont change the hard facts.
