RBI Expands Scope of Permissible Contracts for Sale or Purchase of Govt. Securities, Gold-Related & Money Market Securities
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- Last Updated on 15 February, 2025
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Notification no. F. No. FMRD.DIRD.14/14.03.042/2024-25; Dated: 07.02.2025
The RBI has expanded the scope of permissible contracts for the sale or purchase of Government securities, gold-related securities and money market securities. Now, any contract specifically permitted by the RBI is included under the list of permissible contracts. Earlier, the permissible contracts included only spot contracts and other contracts traded on a recognised stock exchange as permissible under the SCRA, rules and bye-laws of such stock exchange.
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