Question

    Which organization has mandated custodian banks to cap

    intraday risk at 30% of the settlement amount for IPCs in the T+1 settlement regime?
    A SEBI Correct Answer Incorrect Answer
    B NABARD Correct Answer Incorrect Answer
    C IRDAI Correct Answer Incorrect Answer
    D RBI Correct Answer Incorrect Answer
    E Ministry of Finance Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) revised guidelines for custodian banks issuing Irrevocable Payment Commitments (IPCs), capping intraday risk at 30% of the settlement amount under the T+1 settlement regime.

    Practice Next
    More Banking System in India Questions
    ask-question