CCIL issued a notification regarding a contribution towards pre-funded default handling resources

Jun 04, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Clearing Corporation of India Ltd (CCIL) on June 03, 2024, issued a notification regarding a contribution towards pre-funded default handling resources.

The following has been stated: -

•Members are advised that tranche 1 and tranche 2 of CCIL’s contribution for meeting losses on account of participant(s) default during the month of Jun 2024 shall be as given in the document below.

•And this information will be notified on a monthly basis.

[Notification No. RMD/SIG/24/03]


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