SMD Circular No. 21 dated September 04, 2002

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....r-21/02 September 04, 2002 The Executive Directors/ Managing Directors, All Stock Exchanges Dear Sir/Madam, The Group on Risk Management Systems for the Equity Markets met on May 31, 2002 to disc....

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....posited by members towards Base Minimum Capital. Similarly, it has been decided to allow the exchanges to take their own decisions regarding tenure of the bank guarantees deposited by members towards ....