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Reporting of OTC Call/Notice/Term Money transactions
September, 25th 2012

RBI/2012-13/221
FMD.MSRG. No.71/02.02.001/2012-13

September 25, 2012

The Chairmen/Chief Executives of
All Scheduled Commercial Banks (excluding RRBs)
/ Co-operative Banks / Primary Dealers

Dear Sir/Madam

Reporting of OTC Call/Notice/Term Money transactions

The Reserve Bank of India is in the process of implementing a core banking solution. With the implementation of the core banking solution, the Negotiated Dealing System (NDS) would not be available for reporting of OTC Call/Notice/Term Money transactions.

2. In this context, it may be mentioned that  all the OTC Call/Notice/Term money  deals, which are presently being reported over NDS, will be reported  over the reporting platform of NDS-Call by the parties who are having NDS-Call membership from November 1, 2012. Parties who are not having membership of NDS-Call are advised to report the deals to FMD either through e-mail or through fax (022-22630981) in the Reporting format given in Annex II of Call/Notice Money Master Circular dated July 2, 2012.

3. Please acknowledge receipt.

Yours sincerely,

(G.Mahalingam)
Chief General Manager

 
 
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