The Clearing Corporation of India Ltd. (CCIL) on November 14, 2025, issued a notification regarding the process flow for Settlement of Triparty Repo Trades.
The following has been stated: -
•CCIL has revised the settlement process for Outright, Market Repo, and Triparty Repo trades, effective December 15, 2025.
•CCIL will act both as Central Counterparty and Triparty Repo Agent, with obligations determined through multilateral netting across settlement types.
•Securities and funds obligations will be computed separately for repo, outright, and Tri-party Repo trades, including demat settlements via depositories.
•The updated workflow includes revised pay-in/pay-out steps for both securities and funds across NSDL/CDSL, RBI, and settlement banks.
The detailed notification is given in the document below.
[Notification No.:CCIL/OPS/TPR/25/ 42]
