Description
NSE Clearing adds Credit Agricole Corporate and Investment Bank (India) to the list of approved banks for Futures and Options segment collateral.
Summary
NSE Clearing Limited has updated the list of approved banks for the Futures and Options segment by adding Credit Agricole Corporate and Investment Bank (India) to the existing approved banks list. This circular supplements the previous circular no. 0148/2025 dated November 20, 2025.
Key Points
- Credit Agricole Corporate and Investment Bank (India) added to approved banks list
- Addition is effective from November 24, 2025
- This update supplements circular no. 0148/2025 dated November 20, 2025
- Members can now use this bank for collateral-related operations
- Contact: collaterals_ops@nsccl.co.in or 1800 266 0050 (option 2)
Regulatory Changes
No regulatory framework changes. This is an administrative addition to the approved banks list maintained by NSE Clearing Limited for the Futures and Options segment.
Compliance Requirements
- Members should take note of the updated approved banks list
- Members may now utilize Credit Agricole Corporate and Investment Bank (India) for collateral purposes in the F&O segment
- No mandatory action required from members
Important Dates
- Circular Issue Date: November 24, 2025
- Effective Date: November 24, 2025
- Reference Circular: 0148/2025 dated November 20, 2025
Impact Assessment
Market Impact: Minimal. This is a routine administrative update that expands banking options.
Operational Impact: Positive for members who maintain relationships with Credit Agricole Corporate and Investment Bank (India), as they now have an additional approved bank option for collateral management in the F&O segment.
Member Impact: Optional benefit. Members can choose to utilize this bank for their collateral requirements if they have existing banking relationships or find it operationally convenient.
Impact Justification
Administrative update adding one more approved bank to existing list. No impact on trading rules or member obligations. Expands collateral acceptance options for members.