This website is only for informational purposes. Visitors are requested to note that the information is intended to be correct, complete, and up-to-date. Juris Corp does not warrant that the information contained on this website is accurate or complete, and disclaims any and all liability to any person for any loss or damage caused by errors or omissions, whether such errors or omissions result from negligence, accident or any other cause.
This website is not intended to be a source of advertising or solicitation. The reader must not consider the information contained herein to be an invitation for a lawyer-client relationship, must not rely on information provided herein and must seek independent advice. Transmission, receipt or use of any information on this website does not constitute or create a lawyer-client relationship. No recipients of content from this website should act or refrain from acting, based upon any or all of the contents of this website.
Furthermore, Juris Corp does not wish to represent anyone desiring representation based solely upon viewing this web site. Finally, the reader is warned that the use of e-mail for confidential or sensitive information is susceptible to inherent risks of lack of confidentiality associated with sending e-mail over the internet.
By clicking on the "I understand and agree" button below, the user acknowledges that:
We are not liable for any consequence of any action taken by the user relying on information provided under this website. In cases where the user has any legal issues, he/she must seek independent legal advice.
In the backdrop of adding depth and liquidity to the Government securities ("G-Secs”) market, the Reserve Bank of India has issued the draft directions on the G-Secs lending transactions.
1) Eligibility: Entity eligible to undertake repo transactions in G-Secs may participate as lender of securities. Entity eligible to undertake short sale transactions in G-Secs may participate as borrower of securities.
2) Underlying: G-Secs issued by Central Government (excluding Treasury Bills).
3) Collateral: G-Secs issued by Central Government (including Treasury Bills), and the State Governments.
4) Tenure: To be undertaken for a minimum period of 1 day and a maximum period of 90 days.
5) Reporting & Settlement: To be settled on a Delivery vs Delivery basis & reported on the CCIL.
6) Documentation: To be entered into vide a standard bilateral master GSL agreement as per the documentation finalized by FIMMDA.
Comments on the draft directions are to be provided by 17th March 2023.
For further details, please see:
For any queries / clarifications, please feel free to ping us and we will be happy to chat:
● Ms. Smrithi Nair (email@example.com)
● Ms. Aashka Shah (firstname.lastname@example.org)
● Ms. Mahak Saboo (email@example.com)