The Clearing Corporation of India Ltd. (CCIL) on November 04, 2024, issued the notification regarding the CCIL’s contribution towards prefunded default handling resources.
The following has been stated namely: -
• Tranche 1 and tranche 2 of CCIL’s contribution for meeting losses on account of participant(s) default during the month of Nov 2024 has been stated in the notification.
• The following segments have been stated namely: -
o Securities (Outright & Repo)
o Securities (Tri-party Repo)
o Forex Settlement
o Forex Forward
o Rupee Derivatives (MIBOR)
o Rupee Derivatives (MIFOR)
[Notification No. RMD/SIG/24/08]
