SEBI approves AMC repo settlement to settle the transaction for the next year

Date:

The Securities and Exchange Board of India has renewed its recognition of AMC Repo Clearing Ltd. as a clearing corporation for a period of 1 year till January 16, 2026.

The market regulator has authorized the company to clear transactions related to repurchase and reverse repo agreements in debt securities for a period of 1 year from January 17, 2025, according to SEBI’s Friday notification on its website.

- Advertisement -

Pursuant to the regulations, AMC Repo Clearing won’t engage in any activity aside from clearing and settling repo and reverse repo transactions in debt securities traded or traded on a recognized exchange.

Earlier, SEBI had granted recognition to such clearing corporations in January 2023.

In October 2020, SEBI allowed the formation of a limited liability clearing company for the clearing and settlement of debt securities repo transactions.

Subsequently, in February 2021, the regulator issued guidelines that made it mandatory for asset management firms to contribute Rs 150 crore as share capital for establishing LPCCs by mutual funds.

SEBI’s decision to allow the mutual fund industry to arrange a clearing entity was expected to help them take care of redemption pressures corresponding to sudden withdrawal of cash by investors and in addition facilitate smoother settlement of transactions, especially in the corporate bond market.

(with inputs from PTI)

Rome
Romehttps://globalcmd.com/
Rome: Visionary Founder of the GlobalCommand Ecosystem (GlobalCmd.com | GLCND.com | GlobalCmd A.I.) Rome is the innovative mind behind the GlobalCommand Ecosystem, a dynamic suite of platforms designed to revolutionize productivity for entrepreneurs, freelancers, small business owners, and forward-thinking individuals. Through his visionary leadership, Rome has developed tools and content that eliminate complexity, empower decision-making, and accelerate success. The Powerhouse of Productivity: GlobalCmd.com At the heart of Rome’s vision is GlobalCmd.com, an intuitive AI-powered platform designed to simplify decision-making and streamline workflows. Whether you’re solving complex business challenges, scaling a new idea, or optimizing daily operations, GlobalCmd.com transforms inputs into actionable, results-driven solutions. Rome’s approach is straightforward yet transformative: provide users with tools that deliver clarity, save time, and empower them to focus on growth and achievement. With GlobalCmd.com, users no longer have to navigate overwhelming tools or inefficient processes—Rome has redefined productivity for real-world needs. An Ecosystem Built for Excellence Rome’s vision extends far beyond productivity tools. The GlobalCommand Ecosystem includes platforms that address every step of the user’s journey: • GLCND.com: A professional blog and content hub offering expert insights and actionable advice across business, science, health, and more. GLCND.com inspires users to explore new ideas, sharpen their skills, and stay ahead in their fields. • GlobalCmd A.I.: The innovative AI engine powering GlobalCmd.com, designed to turn user inputs into tailored recommendations, predictive insights, and actionable strategies. Built on the cutting-edge RAD² Framework, this AI simplifies even the most complex decisions with precision and ease. The Why Behind GlobalCmd.com Rome understands the pressure and challenges of running a business, launching projects, and making impactful decisions in real time. His mission was to create a platform that eliminates unnecessary complexity and provides clear, practical solutions for users. Whether users are tackling new ventures, refining operations, or handling day-to-day decisions, Rome has designed the GlobalCommand Ecosystem to meet real-world needs with innovative, results-oriented tools. Empowering Success Through Simplicity Rome’s ultimate goal is to empower individuals with the right tools, insights, and strategies to take control of their work and achieve success. By combining the strengths of GlobalCmd.com, GLCND.com, and GlobalCmd A.I., Rome has created an ecosystem that transforms how people work, think, and grow. Start your journey to smarter decisions and greater success today. Visit GlobalCmd.com and take control of your future.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Our Newsletter

Subscribe Us To Receive Our Latest News Directly In Your Inbox!

We don’t spam! Read our privacy policy for more info.

Advertisement

Popular

More like this
Related

American astronauts on Mars in December 2028 is possible if all goes well

It is possible to securely and prudently send a...

HDFC Bank, ICICI Pru, Pidilite, Havells, Coforge and other stocks to track on Wednesday

Actions within the News: Domestic equity benchmarks Nifty 50...

Israel’s top general resigns over security lapses on October 7

JERUSALEM - Israel's top general resigned Tuesday, citing security...

Open Source DeepSeek R1 matches OpenAI O1’s math, code and reasoning

DeepSeek R1 is an open source model. DeepSeek is...