Supreme Court: Air Force Group Insurance Society qualifies as ‘State’ under Article 12 || SC: Anganwadi Workers With Degrees Are Eligible For The 29% Quota For Supervisors in Kerala || SC: Giving Accused the Option of Search Before a Police Officer Breaches Section 50 of the NDPS Act || Gujarat HC: Person is Entitled to Compensation For Injury or Death Within Railway Station Premises || Delhi HC: PMLA Can Apply Even if the Scheduled Offence Occurred Before the Law Came Into Force || J&K&L HC: Accused Can Admit Evidence Recorded under Section 299 Crpc After Appearing in Court || J&K&L HC: District Judge Serving as Reference Court under Land Acquisition Act Acts as a Civil Court || Del HC: Subsequent Bail Pleas From Same FIR Should Usually Go Before the Judge Who Denied the First || J&K&L HC: Vaishno Devi Shrine Board, Despite Statutory Status, is Not a ‘State’ under Article 12 || SC: Confirmation of an Auction Sale Does Not Bar Judicial Scrutiny of Reserve Price Valuation

RBI announces Draft Framework on introduction of Tri-Party Repo- (Reserve Bank of India) (11 Apr 2017)

MANU/RPRL/0062/2017

Banking

The Reserve Bank of India, today, released the draft framework on the introduction of Tri-Party Repo. Tri-party repo will enable market participants to use underlying collateral more efficiently and facilitate development of the term repo market in India. Draft directions allow introduction of tri-party repo on both Government securities and corporate bonds. Comments on the draft framework are invited from market participants by May 5, 2017. Comments may be emailed or sent by post to the Chief General Manager, Reserve Bank of India, Financial Markets Regulation Department, Central Office, Main Building, Mumbai - 400001.

Tags : TRI-PARTY REPO FRAMEWORK ANNOUNCEMENT

Share :