To promote centralised
clearing of OTC derivative products, the Reserve Bank today eased
stand-alone primary dealers' exposure ceiling to a qualified central
counter party by keeping the limit outside the existing 25 percent of
net-owned funds.
The new norms would be effective Tuesday next, the central bank said in a notification. Clearing exposure to a qualified central counter party will be kept outside of the exposure ceiling of 25 percent of its NOF applicable to a single counter party, the RBI said. The ceilings on single or group exposure limit would not be applicable where principal and interest are fully guaranteed by the government, it added.
Stock is possession in an exceedingly company, with every share of stock representing a small piece of possession. The more shares you own, the additional of the corporate you own, and also the additional dividends you earn once the company makes a profit. Within the money world, possession is named equity.
For Continue Update Market News please visit our site at www.marketmagnify.com or please call our 24/7 Customer Care Support us 0731 – 6619100
The new norms would be effective Tuesday next, the central bank said in a notification. Clearing exposure to a qualified central counter party will be kept outside of the exposure ceiling of 25 percent of its NOF applicable to a single counter party, the RBI said. The ceilings on single or group exposure limit would not be applicable where principal and interest are fully guaranteed by the government, it added.
Stock is possession in an exceedingly company, with every share of stock representing a small piece of possession. The more shares you own, the additional of the corporate you own, and also the additional dividends you earn once the company makes a profit. Within the money world, possession is named equity.
For Continue Update Market News please visit our site at www.marketmagnify.com or please call our 24/7 Customer Care Support us 0731 – 6619100
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