Revised List of Approved Securities and Banks
NSE circular NCL/DS/75350 · 22 Jul 2026
Official record
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Check the official recordWhat changed
NSE Clearing Limited has issued a revised list of approved Government of India (GOI) securities, Treasury Bills, and Corporate Bonds, along with an updated list of empaneled banks for issuing Bank Guarantees (BGs) and Fixed Deposit Receipts (FDRs). The circular specifies applicable haircut rates and market-wide limits for these assets. Members are required to release G-Sec/T-Bills at least two days before maturity due to a two-day shut period. Additionally, members that are banks must ensure that G-Secs provided as collateral are not used for Statutory Liquidity Ratio (SLR) purposes or trading. These provisions are effective for the month of August 2026.
What you must do
- Release G-Sec/T-Bills at least two days before maturity.
- Ensure G-Secs provided as collateral are not used for SLR purposes or trading by members that are banks.
Key dates
Document text
NSE Clearing Limited
Circular
| DEPARTMENT: DEBT SEGMENT | |
|---|---|
| Download Ref No: NCL/DS/75350 | Date: Jul 22, 2026 |
| Circular Ref. No: 014/2026 |
All Members/Custodians/PCM
Sub: Revised list of Approved Securities and Banks
This is further to our circular no: 010/2026 (download ref. no NCL/DS/ 74875) dated Jun 25, 2026 in respect of the captioned subject.
The Revised list of approved GOI securities and Corporate Bonds is as follows:
- Annexure 1 - List of GOI Securities (G-Sec)/T Bills, cash component of liquid assets, with applicable haircut rates.
- Annexure 2 – List of Corporate Bonds, non-cash component of liquid assets with their market wide applicable limits and applicable haircut rates.
- Annexure 3 – List of banks empaneled for the purpose of issuance of BGs and FDRs.
Market wide applicable limit 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
- NCL/DS/75350
- Issuing division
- DEBT SEGMENT
- Effective date
- 01 Aug 2026
- Coverage area
- securities