Description
NSE Clearing adds Credit Agricole Corporate and Investment Bank (India) to the list of approved banks for Securities Lending & Borrowing Scheme.
Summary
NSE Clearing Limited has revised the list of approved banks for the Securities Lending & Borrowing Scheme (SLBS). Credit Agricole Corporate and Investment Bank (India) has been added to the existing list of approved banks effective November 24, 2025.
Key Points
- Credit Agricole Corporate and Investment Bank (India) added to approved banks list
- This is an addition to the existing list, not a replacement
- Circular issued by NSE Clearing Limited’s Chief Risk Officer
- Follows previous circular 124/2025 dated November 20, 2025
- Applicable to all members of NSE Clearing
Regulatory Changes
No regulatory framework changes. This is an administrative update expanding the list of approved banks that can be used for collateral purposes under the Securities Lending & Borrowing Scheme.
Compliance Requirements
Members are advised to take note of the addition of Credit Agricole Corporate and Investment Bank (India) to the approved banks list. No specific action required beyond awareness.
Important Dates
- Circular Date: November 24, 2025
- Effective Date: November 24, 2025
- Reference to Previous Circular: 124/2025 dated November 20, 2025
Impact Assessment
Market Impact: Minimal. This is a routine administrative update.
Operational Impact: Members now have an additional approved bank option for SLBS collateral purposes, providing greater flexibility in collateral management.
Contact Information:
- Telephone: 1800 266 0050 (option 2)
- Email: collaterals_ops@nsccl.co.in
Impact Justification
Administrative update adding one bank to approved list for SLBS collateral purposes. Does not affect trading or impose new compliance requirements on members.