NSE circular NCL/COM/77080 · 22 Oct 2026
Official title
Revised list of Approved Securities and Banks
Official record
Open source pageSummary
Check the official recordNSE Clearing Limited updates the list of approved securities and banks for the commodity derivatives segment. This revision includes equity shares, exchange traded funds, sovereign gold bonds, government securities, open ended mutual funds, and corporate bonds. It also updates the list of empaneled banks for bank guarantees and fixed deposit receipts. Members must apply the specified market wide limits, member specific limits, and haircut rates for each security. Members must release government securities and treasury bills at least two days before maturity. Member banks must not use government securities provided as collateral for statutory liquidity ratio purposes or for trading. These changes apply to the month of November 2026.
What you must do
[Image omitted. See the official document.]
| Download Ref No: NCL/COM/77080 | Date: Oct 22, 2026 | | Circular Ref. No: 0374/2026 | |
All Members/Custodians/PCM
Sub: Revised list of Approved Securities and Banks
This is further to our circular no. 0343/2026 (Download Ref No: NCL/COM/76467) dated Sep 21, 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.
Non-Confidential
[Image omitted. See the official document.]
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 November 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
Key dates
Who is affected