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      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.

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