Question

    Which regulatory body set a 30% intraday risk cap for

    custodian banks involved in T+1 settlement?
    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 RBI has mandated custodian banks to limit intraday risk to 30% of the settlement amount in the T+1 settlement system.

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