The Securities and Exchange Board of India (SEBI) on January 15, 2024, issued a notification regarding renewal of recognition to the said Clearing Corporation for one year commencing on January 17, 2024.
Subject to the condition that the Clearing Corporation shall comply with the conditions as may be prescribed by rules or specified by the Securities and Exchange Board of India from time to time: Provided that the Clearing Corporation shall not undertake any activity except that of clearing and settling of transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognized stock exchange.
[Notification No. SEBI/LAD-NRO/GN/2024/164]
