BSE17 Aug 2026noticePrepared by Complied AI

Norms for Acceptable Collaterals and Exposure of Clearing Corporations

BSE notice 20260818-4 · 17 Aug 2026

BSE Clearing Limited provides a revised list of eligible banks for collateral and exposure purposes. This update follows the SEBI circular dated May 29, 2024, and the previous BSECL circular dated July 17, 2026. Members, Custodians, Professional Clearing Members, and Banks must note the current list of 36 eligible banks. These entities must ensure compliance with the criteria for the selection of banks as defined in the SEBI circular. The list includes various public, private, and foreign banks operating in India. This notice takes immediate effect as of August 18, 2026.

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What changed

Who is affected: Members, Custodians, Professional Clearing Members, and Banks.
Required action: Members must note the revised list of banks eligible for collateral and exposure.
Key dates: Effective date of the revised list of eligible banks. — 17 Aug 2026

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

Source details

Source: BSE Ltd (Bombay Stock Exchange)
Type: notice
Published by source: 17 Aug 2026
Document number: 20260818-4
Issuing division: BSECL
Effective date: 17 Aug 2026
Coverage area: securities

Document text

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NOTICE


Notice No.	20260818-4
Notice Date	18 Aug 2026
Category	Settlement/RMS
Segment	General
Department	BSECL
Subject	Norms for acceptable collaterals and exposure of Clearing Corporations
Attachments	No Attachment

All Members/Custodians/PCM/Banks,

With reference to SEBI circular SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/65 dated 29-May-2024 and in continuation of BSECL Circular 20260717-3 dated July 17, 2026 on "Norms for acceptable collaterals and exposure of Clearing Corporations", BSECL requests members to take note of the revised list of banks which are eligible as on today as per Section 3.2 Criteria for selection of Banks of the SEBI Circular:

Sr.	Bank Name
1	AU SMALL FINANCE BANK LTD
2	AXIS BANK LTD
3	BANK OF BARODA
4	BANK OF INDIA
5	BANK OF MAHARASHTRA
6	BARCLAYS BANK PLC
7	CANARA BANK
8	CENTRAL BANK OF INDIA
9	CITIBANK N.A.
10	CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK (INDIA)
11	DBS BANK
12	DEUTSCH BANK AG
13	HDFC BANK LTD
14	HSBC BANK LTD
15	ICICI BANK LTD
16	IDBI BANK
17	IDFC FIRST BANK LTD
18	INDIAN BANK
19	INDIAN OVERSEAS BANK
20	INDUSIND BANK LTD
21	JP MORGAN CHASE BANK, N.A.
22	KARUR VYSYA BANK LTD
23	KOTAK MAHINDRA BANK LTD
24	MIZUHO BANK LTD
25	MUFG BANK LTD
26	PUNJAB AND SINDH BANK
27	PUNJAB NATIONAL BANK
28	RBL BANK
29	STANDARD CHARTER BANK
30	STATE BANK OF INDIA
31	SUMITOMO MITSUI BANKING CORPORATION
32	THE FEDERAL BANK LTD
33	THE SOUTH INDIAN BANK
34	UCO BANK
35	UNION BANK OF INDIA
36	YES BANK

For and on behalf of BSE Clearing Limited.

Sushant Majhi
Chief Risk Officer

Risk Department
Email	risk.monitoring@icclindia.com
Contact No:	+91-22-22728759/5733/8811/5059

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