Revision in Member-wise Bank-wise Limits and Member-wise Limits for Bank Guarantee Collaterals

What changed

NSE Clearing Limited has revised the member-wise bank-wise limits and overall member-wise limits for the acceptance of Bank Guarantees (BG) as collateral across all segments and schemes. The limits are categorized based on the member type—Professional Clearing Member (PCM), Custodian, Trading Cum Clearing Member (TM-CM), or Self Clearing Member (SCM)—and the net worth of the entity. Members are required to verify their applicable limits before issuing new Bank Guarantees to ensure compliance with these updated thresholds. This circular modifies the previous guidelines established in circular no. 046/2026 dated April 30, 2026.

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