MCX Alert: Exchange revises list of approved banks for bank guarantees, FDRs; Check list here
India’s largest commodity exchange – the Multi Commodity Exchange (MCX) has issued a revised list of approved banks for submitting Bank Guarantees (BGs) and Fixed Deposit Receipts (FDRs) towards Initial Security Deposit, Additional Margin and Base Minimum Capital, it said in a circular
The list has been revised as per the provisions of the Rules, Bye-Laws and Regulations of Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), the MCX circular said. Source: Reuters