MCXCCL issued a circular on the acceptance of Electronic Fixed Deposit Receipts

Dec 19, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), on December 19, 2025, issued a circular on the acceptance of Electronic Fixed Deposit Receipts (e-FDRs), in accordance with its Rules, Bye-Laws and Regulations, and in continuation of MCXCCL Circular dated November 26, 2025.

Through this circular, MCXCCL has added IDBI Bank to the list of empanelled banks authorised to issue Fixed Deposit Receipts in electronic form for Clearing Members. This move facilitates ease of collateral management and strengthens digital processes for margin and collateral submissions.

The circular further informs that the revised list of empanelled banks for issuance of e-FDRs has been provided in Annexure 1, and Clearing Members are advised to take note of the updated list and ensure compliance with the revised eligibility framework.

[MCXCCL/C&S/288/2025 ]


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