banking service chronicle

banking service chronicle
banking service chronicle

Friday, 9 November 2018

Bsc magazine pdf


Bsc magazine pdf

Norms for ETPs can be seen on page 12 of BSC
Bsc magazine pdf The Reserve Bank of India has issued guidelines for operating Electronic Trading Platforms (ETPs) to transact in eligible instruments. current affairs download As per the norms issued by the central bank, ETP will mean any electronic system, other than a recognised stock exchange, on which transactions take place in eligible instruments. No entity shall operate an ETP without obtaining prior authorisation of the RBI under these directions. competitive exam magazine An entity seeking authorisation as an ETP operator under the directions will maintain a minimum net worth of Z5 cr and will continue to maintain the minimum net worth prescribed at all times.

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