Supreme Court: Promotion Remains Valid Even if an Employee's Grade Pay Stays Unchanged || SC Orders Bihar Government to Remove Ganga Riverbank Encroachments in Patna Within Six Weeks || Bombay HC: Child of Single Mother Can’t be Denied RTE Quota over Deceased Father's Caste Certificate || J&K&L HC: Complaint Dismissed Before Cognisance is Not an Acquittal & is Challengeable U/S 528 BNSS || Delhi HC Acquits Man in 2006 Rape Case, Says Names Like Ram or Mohammad do Not Define Virtue || Gujarat HC: Whatsapp Forward of Fake Newspaper Clipping Not Forgery Absent Proof of Fabrication || Supreme Court tells Parsvnath Developers to Comply with Haryana RERA Orders or Face Jail || Supreme Court: Article 142 Cannot Override a Concluded and Acted-Upon Settlement Between Parties || SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage || SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage

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 :