Description
Credit Agricole Corporate and Investment Bank (India) added to the list of approved banks for NSE Clearing Limited's Commodity Derivatives Segment.
Summary
NSE Clearing Limited has updated its list of approved banks for the Commodity Derivatives Segment by adding Credit Agricole Corporate and Investment Bank (India) to the existing approved banks list. This is an addition to the previous circular dated November 20, 2025.
Key Points
- Credit Agricole Corporate and Investment Bank (India) has been added to the approved banks list
- This is in addition to the existing list of approved banks notified in circular 0371/2025
- The update applies to NSE Clearing Limited’s Commodity Derivatives Segment
- Members are advised to take note of this addition
Regulatory Changes
No regulatory changes. This is an administrative update expanding the list of approved banks that members can use for collateral and clearing purposes.
Compliance Requirements
No new compliance requirements imposed. Members may now use Credit Agricole Corporate and Investment Bank (India) as an approved bank for their commodity derivatives clearing operations.
Important Dates
- Circular Date: November 24, 2025
- Effective Date: Immediate (upon circular issuance)
- Reference Circular: 0371/2025 dated November 20, 2025
Impact Assessment
Operational Impact: Low. This is a positive development that provides members with an additional banking option for their commodity derivatives segment operations.
Market Impact: Minimal. The addition of one more approved bank does not affect market operations or trading activities.
Member Impact: Beneficial. Members now have one more approved banking institution to choose from for collateral management and clearing operations in the commodity derivatives segment.
Contact Information: Members can reach out to collaterals_ops@nsccl.co.in or call 1800 266 0050 (option 2) for queries.
Impact Justification
Routine administrative update adding one bank to the approved list for collateral purposes in commodity derivatives segment. Does not affect trading operations or impose new compliance requirements on members.