Net worth requirement for permitted market infrastructure mandates staged enhancement to higher capital thresholds within a multi year period. Permitted market infrastructure entities must meet prescribed initial net worth levels and escalate those levels to specified higher thresholds within ... Summary
Net worth requirement for permitted market infrastructure mandates staged enhancement to higher capital thresholds within a multi year period.
Permitted market infrastructure entities must meet prescribed initial net worth levels and escalate those levels to specified higher thresholds within three years from approval: stock exchanges and depositories have an initial net worth requirement of twenty five crore rupees rising to one hundred crore rupees; clearing corporations have an initial requirement of fifty crore rupees rising to three hundred crore rupees.
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