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Collateral Securities: NSE to cut 861 scrips from approved collateral securities list Aug 1

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Collateral Securities

NSE to cut 861 scrips from approved collateral securities list Aug 1

This story was originally published at 14:16 IST on July 11, 2024  Back
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With the Securities and Exchange Board of India's tighter criteria for acceptable liquid securities as collateral of brokers and their clients towards margins and other exposure coming into effect from Aug 1, the National Stock Exchange has released a list of 861 listed companies and 149 listed mutual fund schemes whose shares and units do not fulfil the new criteria. The list included scrips such as Adani Power Ltd, Aditya Birla Money Ltd, Inox Green Energy Services, India Pesticides Ltd, JSW Holdings Ltd, Reliance Infrastructure Ltd, Wockhardt Ltd, and YES Bank Ltd.

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