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?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.
Union Agriculture Minister Shri Tomar launches DigiClaim for claim disbursal through?
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