The Clearing Corporation of India Limited (CCIL) on June 12, 2026, notified regarding the Settlement Timelines for Settlement of Funds and Securities Obligation(s) of Members.
The following has been stated:
• CCIL has notified the indicative settlement timelines for Outright, Market Repo, and Tri-Party Repo (TPR) trades in the Securities Segment. Following the closure of trading hours at 4:00 PM, CCIL will undertake netting of trades, crystallization of funds and securities obligations, generation of obligation reports, and coordination with depositories, settlement banks, and the RBI for settlement of funds and securities.
• Under the schedule, funds and securities settlement activities will be completed in stages between 4:15 PM and 7:00 PM, including pay-in and pay-out of securities and funds, settlement through RBI’s eKuber system, and transfer of securities between borrowers and lenders in Tri-Party Repo transactions.
• CCIL has clarified that any securities or funds shortages, system issues, or operational exceptions may delay settlement by 30 minutes to 1 hour, and members will be informed of any such delays. The timelines will apply to all working/business days for Securities Segment settlements.
[Notification no. - CCIL/OPS/26/17]
