This is in reference to acceptance of Fixed Deposit Receipts (Physical form as well as EFDRs) by Indian Clearing Corporation (ICCL) towards Liquid Assets (Collateral requirement) from the members.
In this connection, members are requested to note that ICCL would accept Fixed Deposit Receipts (FDRs) for a minimum period of 7 days (Physical form as well as EFDRs) towards Liquid Assets (Collateral requirement).
All other process and conditions pertaining to Collateral deposits of FDRs would remain unchanged.
In case of any queries members may contact on following numbers.
For and on behalf of ICCL,
Hitesh Shah
Dy. General Manager |