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<h1>SEBI Sets New Deposit Rules for Debt Segment Members: 10 Lakh Minimum, No Exposure Without Settlement Guarantee.</h1> The circular issued by SEBI outlines deposit requirements for members of the debt segment on stock exchanges. It applies the Base Minimum Capital guidelines to Stock Brokers and Proprietary Trading Members. Clearing Members and Self Clearing Members must deposit 10 lakh rupees, with no exposure granted against this deposit unless they are already members of another segment or clear trades on a gross basis without a settlement guarantee. Stock exchanges and clearing corporations are instructed to implement these requirements within a month, amend relevant regulations, and report the implementation status to SEBI. This circular aims to protect investor interests and regulate the securities market.