BSE notice 20260818-4 · 18 Aug 2026
Official record
Open source pageSummary
Check the official recordBSE 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.
What you must do
Key dates
| 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 | |
|---|---|
| risk.monitoring@icclindia.com | |
| Contact No: | +91-22-22728759/5733/8811/5059 |
Who is affected