TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Updates Margin Rules for Derivative Contracts, Aligns with Global Standards for Non-Centrally Cleared Transactions.</h1> The Reserve Bank of India (RBI) has issued new directions for margins on derivative contracts, superseding previous regulations from February 2021. These directions apply to Authorised Dealer Category-I banks and Category-III Standalone Primary Dealers, allowing them to post and collect margins for permitted derivative contracts with persons outside India. Margins can be posted in Indian currency, freely convertible foreign currency, government debt securities, rupee bonds, certificates of deposit, and commercial papers. For transactions outside India, margins can be in freely convertible foreign currency or foreign sovereign debt securities. These directions aim to align with foreign jurisdiction requirements for Non-Centrally Cleared Derivative transactions.
TaxTMI 