SC: Confirmation of an Auction Sale Does Not Bar Judicial Scrutiny of Reserve Price Valuation  ||  Supreme Court Sets Aside Conviction of Four Men in a 1998 Gang Rape Case  ||  Supreme Court: Privy Purse Privileges of Princely Rulers are Not Enforceable Legal Rights  ||  Delhi HC: Repeated Court Summons May Distress and Re-Traumatize Child Sexual Assault Victims  ||  Jammu and Kashmir High Court: Labeling Someone as a Terrorist Associate Amounts to Defamation  ||  Delhi HC: Setting Aside or Altering a Judge’s Order by a Higher Court Doesn’t Affect Their Integrity  ||  Delhi High Court: Accused Cannot be Faulted For Smart Replies; Interrogator Must be Sharper  ||  Supreme Court: Belated Jurisdictional Challenge Impermissible After Participation in Arbitration  ||  Supreme Court: Failure to Prove Specific Overt Acts of Each Unlawful Assembly Member Not Fatal  ||  Supreme Court: Parental Salary Alone Cannot Determine OBC Creamy Layer Status    

CCIL now approved counterparty for electronic IRS transactions- (Reserve Bank of India) (05 May 2016)

MANU/RMIC/0073/2016

Banking

The Reserve Bank of India notified the Clearing Corporation of India Ltd. as an approved counterparty for interest rate swap transactions undertaken on electronic trading platforms. The guidelines are effective from 1 June 2016.

Thus far, only scheduled banks have been able to conduct transactions on electronic platforms for interest rate swaps, with the other party being either the RBI or an agency within its purview.

Tags : INTEREST RATE SWAP   CCIL   APPROVED COUNTERPARTY  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved