The Indian Clearing Corporation Ltd. (ICCL) on November 14, 2025, issued a notification regarding the norms for acceptable collaterals and exposure of Clearing Corporations.
The following has been stated: -
•ICCL, referring to SEBI’s May 29, 2024, circular and its earlier circular dated August 26, 2025, has issued an updated list of banks eligible for exposure through Cash, Fixed Deposits, and Bank Guarantees.
•The list now includes 33 approved banks comprising major public sector, private sector, foreign, and small finance banks.
•Members are advised to note and adhere to this revised eligibility list with immediate effect.
The detailed notification is given in the document below.
[Notification No.: 20251114-14]
