Revised List of Approved Securities and Banks · 0266/2026
NSE circular 0266/2026 · 22 Jul 2026
Official record
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Check the official recordWhat changed
NSE Clearing Limited has issued a revised list of approved securities and banks for collateral purposes, effective for August 2026. The update covers equity shares, exchange-traded funds (ETFs), sovereign gold bonds, government securities (G-Sec/T-Bills), open-ended mutual funds, and corporate bonds. The circular specifies market-wide limits, member-specific limits, and haircut rates for these assets, provided in seven annexures. Additionally, the list of banks empaneled for issuing bank guarantees (BGs) and fixed deposit receipts (FDRs) is updated. Members are reminded that G-Sec/T-Bills have a two-day shut period and must be released before maturity. Furthermore, member banks must ensure that G-Sec provided as collateral is not used for Statutory Liquidity Ratio (SLR) purposes or trading.
What you must do
- Members must release G-Sec/T-Bills at least two days before maturity due to the two-day shut period.
- Member banks must ensure G-Sec provided as collateral is not used for SLR purposes or trading.
Document text
NSE Clearing Limited
Circular
| DEPARTMENT: CAPITAL MARKET SEGMENT | |
|---|---|
| Download Ref No: NCL/CMPT/75345 | Date: Jul 22, 2026 |
| Circular Ref. No: 0266/2026 |
All Members/Custodians/PCM
Sub: Revised list of Approved Securities and Banks
This is further to our circular no. 0220/2026 (Download Ref No: NCL/CMPT/74872) dated Jun 25, 2026 in respect of the captioned subject.
The revised list of approved securities, GOI securities, open ended mutual funds and corporate bonds is as follows:
- Annexure 1 – List of equity shares, non-cash component of liquid assets, with applicable market wide limits, applicable member specific limits and applicable haircut rates.
- Annexure 2 – List of Exchange Traded Funds, non-cash component of liquid assets, with applicable market wide limits, applicable member specific limits and applicable haircut rates.
- Annexure 3 – List of Exchange Traded Funds, cash component of liquid assets, with applicable market wide limits, applicable member specific limits and applicable haircut rates.
- Annexure 4 – List of Sovereign Gold Bonds, GOI Securities (G-Sec)/T Bills, cash component of liquid assets, with applicable haircut rates.
- Annexure 5 – List of Open Ended Mutual funds acceptable as collaterals and their market wide applicable limits and applicable haircut rates.
- Annexure 6 – List of Corporate Bonds, non-cash component of liquid assets with their market wide applicable limits and applicable haircut rates.
- Annexure 7 – List of banks empaneled for the purpose of issuance of BGs and FDRs.
Market wide applicable limit, member security specific limits and applicable haircut rates for each of the securities are stipulated in the annexures above.
G-Sec/T Bills has a shut period of two days. Members are requested to release the G-Sec/T Bills at least two days before maturity.
Members who are also banks may note that G-Sec provided as collaterals should not be reckoned for SLR purpose of the banks and not be used for trading. Members are requested to take note of the above.
This circular shall be effective for the month of August 2026.
For and on behalf of NSE Clearing Limited
Huzefa Mahuvawala Chief Risk Officer
| Telephone No | Email id |
|---|---|
| 1800 266 0050 (IVR option 2) | collaterals_ops@nsccl.co.in |
Non-Confidential
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 22 Jul 2026
- Document number
- 0266/2026
- Issuing division
- Capital Market Segment
- Effective date
- 01 Aug 2026
- Coverage area
- securities