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NOTICES
Notice No.   20240726-50   Notice Date   26 Jul 2024
Category   Settlement/RMS   Segment   Derivatives
Subject   Norms for acceptable collaterals and exposure of Clearing Corporations
 
Content

 

All Members/Custodians/PCM/Banks,

With reference to SEBI circular SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/65 dated 29-May-2024 and ICCL Circular 20240531-3 dated May 31, 2024 on “Norms for acceptable collaterals and exposure of Clearing Corporations”, ICCL requests members to take note of the following banks which have been shortlisted as per Section 3.2 Criteria for selection of Banks of the SEBI Circular:

 

Sr.

Bank Name

1

AU Small Finance Bank Limited 

2

Axis Bank Limited 

3

Bank of Baroda 

4

Bank of India

5

Canara Bank

6

Citibank N. A. 

7

DBS Bank India Limited 

8

HDFC Bank Limited 

9

ICICI Bank Limited 

10

IDFC First Bank

11

IndusInd Bank Limited 

12

Kotak Mahindra Bank Limited 

13

Punjab National Bank 

14

State Bank of India 

15

The Hongkong and Shanghai Banking Corporation Limited

16

Union Bank of India Limited 

 

For and on behalf of Indian Clearing Corporation Ltd.

 

Sushant Majhi                                                                                    Akshat Chaturvedi                                          

Chief Risk Officer                                                                              Head of Operations                                           

Risk Department

Email

risk.monitoring@icclindia.com

Contact No:

+91-22-22728759/5733/8811