MCX notified regarding the addition of the IDBI Bank to Empaneled Banks for Electronic Bank Guarantees

May 10, 2026 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe Multi-Commodity Exchange Clearing Corporation Limited (MCX) on May 07, 2026, notified regarding the addition of the IDBI Bank to Empaneled Banks for Electronic Bank Guarantees.

It has notified clearing members that IDBI Bank Limited has been onboarded for issuance of Electronic Bank Guarantees (eBGs) in accordance with MCXCCL Circular No. MCXCCL/C&S/089/2026 dated April 29, 2026. Following this addition, the updated panel of banks authorised to issue eBGs includes Axis Bank, Bank of Baroda, HDFC Bank, ICICI Bank, IDFC First Bank, IDBI Bank, Kotak Mahindra Bank and Karur Vysya Bank. Members and their constituents have been advised to take note of the revised empaneled bank list for electronic bank guarantee submissions.

[Notification no. - MCX/MCXCCL/267/2026]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT