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RBI allows Authorised Dealer Category-I Banks to post and collect margin in India

February 16, 2021
RBI has allowed AD Cat-I banks to post and collect margin in India, on their own account or on behalf of their customers, for a permitted derivative contract entered into with a person resident outside India in the form of: i. Indian currency, freely convertible foreign currency iii. Debt securities in Govt. iv. Rupee bonds issued by persons resident in India.
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