Quick Summary
RBI/2021-22/107
IDMD.CDD.No.S931/11.22.001/2021-2022
October 5, 2021
All SGL/CSGL Holders
Madam/Sir,
Revised Subsidiary General Ledger (SGL) Account Guidelines and Constituents' Subsidiary General Ledger (CSGL) Account Guidelines
In exercise of powers conferred by Section 4 of Government Securities Act 2006, Reserve Bank of India has issued and gazetted revised Eligibility Criteria and Operational Guidelines for opening and maintaining of Subsidiary General Ledger (SGL) Accounts and Constituents’ Subsidiary General Ledger (CSGL) Accounts dated September 22, 2021. These Guidelines have been issued in supersession to earlier Guidelines dated October 29, 2018.
Yours faithfully,
(Rajendra Kumar)
Chief General Manager
FAQ :
The revised guidelines pertain to the eligibility criteria and operational procedures for opening and maintaining Subsidiary General Ledger (SGL) Accounts and Constituents' Subsidiary General Ledger (CSGL) Accounts.
The Reserve Bank of India (RBI) has issued these revised guidelines.
The revised Eligibility Criteria and Operational Guidelines for SGL and CSGL Accounts were gazetted on September 22, 2021.
Yes, these revised guidelines supersede the earlier Guidelines dated October 29, 2018.
These guidelines are issued in exercise of powers conferred by Section 4 of the Government Securities Act, 2006.
CAclubindia
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12174&Mode=0