Investment Policy of Clearing Corporations

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.... 1. SEBI vide circular SEBI/HO/MRD/DRMNP/CIR/P/2016/54 dated May 04, 2016 on "Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer of Profits" inter alia permitted the Clearing Corporations to make investments in Fixed Deposits with Banks (only those banks which have a net worth of more than INR 500cr. and are rated A1 (or A1+) or eq....