The Reserve Bank of India (RBI) on February 14, 2025, issued a notification to amend notification no. S.O. 2192(E) dated January 08, 2010, related to the Government Securities and Gold Related Securities.
The following amendments have been stated:
• In clause (A), for sub-clause (1), the following shall be substituted , namely:-
“(1) contract for the sale or purchase of Government Securities, gold related securities and money market securities, other than:
a) spot delivery contracts,
b) such other contracts traded on a recognised stock exchange as is permissible under the said Act, rules and bye-laws of such stock exchange, or
c) any other contract specifically permitted in this regard by the Reserve Bank of India, from time to time.”
The above amendment shall come into force on February 13, 2025.
[Notification No. FMRD.DIRD.14/14.03.042/2024-25]
