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    <title>To prevent undesirable speculation in securities in the whole of India.</title>
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    <description>The notification prohibits entering into specified non-spot contracts in Government securities, gold-related securities and money market securities except spot delivery, exchange-permissible contracts, or RBI-permitted contracts, and restricts ready forward contracts in corporate and other debt securities to designated banks and financial institutions and other persons permitted by the Reserve Bank of India, subject to RBI-prescribed terms and conditions, mandatory compliance with exchange rules and relevant statutes, and defined settlement through designated gilt and subsidiary ledger accounts.</description>
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