Margin posting for cross-border derivatives: authorised dealers may post and collect margins and receive or pay interest. Authorised dealers may post and collect margin in India and abroad for permitted derivative contracts with persons resident outside India, including between authorised dealers (where one is a branch of a foreign bank), for overseas branches and IFSC Banking Units, and on behalf of customers; they may receive and pay interest on such margin, and posting, collection and interest transactions may be undertaken by the authorised dealer or its overseas branches or head office subject to Reserve Bank terms and directions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Margin posting for cross-border derivatives: authorised dealers may post and collect margins and receive or pay interest.
Authorised dealers may post and collect margin in India and abroad for permitted derivative contracts with persons resident outside India, including between authorised dealers (where one is a branch of a foreign bank), for overseas branches and IFSC Banking Units, and on behalf of customers; they may receive and pay interest on such margin, and posting, collection and interest transactions may be undertaken by the authorised dealer or its overseas branches or head office subject to Reserve Bank terms and directions.
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