ARCL

AMC Repo Clearing Limited (ARCL) was incorporated in April 2021 and is recognized in-principle by Securities and Exchange Board of India (SEBI) under Stock Exchanges and Clearing Corporations (SECC) Regulations, 2018. ARCL is a Central Counter Party (CCP) offering clearing and settlement services to all trades executed on NSE and BSE under triparty repo in corporate debt securities with robust risk management along with guarantee mechanism... ARCL is promoted by all Asset Management Companies (AMCs). Its capital is contributed by AMCs in proportion to their Asset Under Management (AUM) of open ended debt oriented mutual fund schemes for the Financial Year (FY) 2020-21 as per SEBI circular dated February 02, 2021 and April 06, 2021.

Primary location: Kalina China