Revised Subsidiary General Ledger (SGL) Account Guidelines and Constituents' Subsidiary General Ledger (CSGL) Account Guidelines

Last updated: 07 October 2021

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The Reserve Bank of India has issued revised guidelines for Subsidiary General Ledger (SGL) and Constituents' Subsidiary General Ledger (CSGL) accounts. These updated rules, which supersede the previous guidelines from October 2018, cover eligibility criteria and operational procedures for opening and maintaining these accounts. The revised guidelines were gazetted on September 22, 2021.

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 Governm

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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.

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Notification No : RBI/2021-22/107 IDMD.CDD.No.S931/11.22.001/2021-2022
Published in Community & General
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12174&Mode=0

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