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    <title>Scheduled Commercial Banks Permitted to become Members of SEBI Recognized Stock Exchanges</title>
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    <description>Scheduled Commercial Banks may obtain membership of SEBI-recognized stock exchanges to undertake proprietary transactions in the corporate bond market, provided they satisfy the exchanges&#039; membership criteria and comply with the regulatory norms and prudential requirements prescribed by the securities regulator and the exchanges. Banks may also seek membership of Futures &amp; Options segments to carry out proprietary hedging and trading in interest rate risk, subject to the same conditional compliance.</description>
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      <description>Scheduled Commercial Banks may obtain membership of SEBI-recognized stock exchanges to undertake proprietary transactions in the corporate bond market, provided they satisfy the exchanges&#039; membership criteria and comply with the regulatory norms and prudential requirements prescribed by the securities regulator and the exchanges. Banks may also seek membership of Futures &amp; Options segments to carry out proprietary hedging and trading in interest rate risk, subject to the same conditional compliance.</description>
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