Authorities Holding Public Auctions Must Disclose All Known Encumbrances and Related Litigation  ||  SC: Compensatory Allowances Must Be Included While Computing Overtime Wages U/S 59 of Factories Act  ||  SC: NGT Has No Jurisdiction to Decide Disputes Relating to Building Plan Violations  ||  SC: Evidence is Often Fabricated Using AI And False Allegations are Rampant in Matrimonial Cases  ||  SC: While Declining to Quash an FIR, A High Court Should Not Direct Police To Follow Section 41A CrPC  ||  Allahabad High Court: Recruitment Rules Cannot Override Compassionate Appointments  ||  Rajasthan HC: Single Blunt Blow Causing Grievous Injury is Not Attempt to Murder Without Intent  ||  Karnataka High Court Holds Mining Leases Granted in Violation of Rule 22-D are Void Ab Initio  ||  Supreme Court: Wait-Listed Candidates Have No Vested Right After List Expiry  ||  SC: Reserved Candidates Scoring Above General Cut-Off Must be Considered For Open Posts    

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