Comment on Policy on settlement of compulsory delivery derivative contracts
commented on
23 Dec 2018, 02:57 PM
Yes Bank is cash settled so there are no physical delivery obligation.
For physically delivered scrips, you can hold the contract until Expiry – 4 days without bringing any additional margin block. The exchange starts levying additional physical delivery margin 4 days before expiry for buy ITM options which is explained in the above post.