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RBI amends guidelines for 'Value Free Transfer of G-Secs'

October 6, 2021
To enable more efficient operations in the Government securities market, the Reserve Bank of India has decided to issue revised Value Free Transfer Guidelines to further streamline VFT of government securities. The VFT of the government securities shall mean transfer of securities from one SGL/CSGL to another SGL/CSGL account, without corresponding payment leg in the books of RBI.
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