P&H HC: Offence u/s 295A won’t be Attracted if Act done Without Malicious Intent || Ker. HC: No Liability on RTO to Pay Compensation if Vehicle Owner Fails to get it Insured || Guj. HC: Elected Members Must Not Disrepute the Institution to Which they are Elected || All. HC: Scheme of A&C Act Put no Limitation for Application of Doctrine of Severability to an Award || Kar. HC: Apprehension of Not Getting a Fair Trial is Required to Seek Transfer of Case || Ker. HC: Not Granting Divorce Despite Mutual Consent Amounts to Cruelty || Tel. HC: Elders in the House Can’t Decide Custody of Child || All. HC: Gravity of Misconduct and Past Conduct Relevant to be Considered by Disciplinary Authority || P&H HC Issues Guidelines on Proclamation u/s 82 CrPC || SC: Can File Complaint Under Repealed FERA Provisions During Sunset Period After Enforcement of FEMA

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 :