RBI/2016-17/120
DBR.No.BP.BC.30/21.06.201/2016-17

November 10, 2016

The Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)

Madam / Dear Sir,

Guidelines on capital requirements for bank exposures to central counterparties

Please refer to the paragraph 4 of Statement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was indicated therein that RBI will issue final guidelines on capital requirements for bank exposures to central counterparties. Accordingly, final guidelines are annexed. These guidelines will become effective from April 1, 2018.

Yours faithfully,

(Ajay Kumar Choudhary)
Chief General Manager

Encl: as above