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Revised List of Approved Securities and Banks
- Deadline
- 01 Oct 2026 · 38 days ago · Effective date for the month of October 2026
- Who
- All members, custodians, and professional clearing members of the Currency Derivatives Segment.
- Action
- Members must release government securities and treasury bills at least two days before maturity.
What changed
NSE Clearing Limited updates the list of approved securities and banks for the Currency Derivatives Segment. The update includes equity shares, exchange traded funds, sovereign gold bonds, government securities, and open ended mutual funds. It also lists banks authorized to issue bank guarantees and fixed deposit receipts. Members must review the market wide limits, member specific limits, and haircut rates provided in the annexures. Members must release government securities and treasury bills at least two days before maturity due to a two-day shut period. Member banks must not use government securities provided as collateral for statutory liquidity ratio purposes or for trading. This circular applies to the month of October 2026.
What you must do
- Members must release government securities and treasury bills at least two days before maturity.
Document text
[Image omitted. See the official document.]
NSE Clearing Limited
Circular
| DEPARTMENT: CURRENCY DERIVATIVES SEGMENT | |
|---|---|
| Download Ref No: NCL/CD/76468 | Date: Sep 21, 2026 |
| Circular Ref. No: 044/2026 | |
All Members/Custodians/PCM
Sub: Revised list of Approved Securities and Banks
This is further to our circular no. 039/2026 (Download Ref No: NCL/CD/75897) dated Aug 21, 2026 in respect of the captioned subject.
The revised list of approved securities, GOI securities and open ended mutual funds 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, cash component of liquid assets, with applicable market wide limits, applicable member specific limits and applicable haircut rates.
Annexure 3 – List of Sovereign Gold Bonds, GOI Securities (G-Sec)/T Bills, cash component of liquid assets, with applicable haircut rates.
Annexure 4 – List of Open Ended Mutual funds acceptable as collaterals and their market wide applicable limits and applicable haircut rates.
Annexure 5 – 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.
[Image omitted. See the official document.]
NSE Clearing Limited
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 October 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 |
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 21 Sept 2026
- Document number
- NCL/CD/76468
- Issuing division
- Currency Derivatives Segment
- Effective date
- 01 Oct 2026
- Coverage area
- securities