Theranautilus Secures $1.2 Mn in Seed...
19 Nov 2024
The market regulator has modified the liquid assets that can be accepted by the clearing corporations (CCs).
CCs, as part of risk management, accept liquid assets with haircuts to meet various requirements such as for margins and to meet mark-to-market losses.
The regulator has also introduced prudential norms for exposure of the CCs which includes limiting the overall daily exposure of a CC to a single bank, across assets such as cash, FD and bank guarantees, to 20 percent of the total liquid assets.
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