The Future of Banking-andhrabank-nov4-04.pdf - IDRBT
The Future of Banking-andhrabank-nov4-04.pdf - IDRBT
The Future of Banking-andhrabank-nov4-04.pdf - IDRBT
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RBI Initiatives in Payment<br />
and Settlement Systems (3)<br />
<strong>The</strong> Securities Settlement System<br />
• Providing centralized depository and<br />
settlement services<br />
• Seamlessly integrated with the NDS and<br />
RTGS Systems<br />
<strong>The</strong> Clearing Corporation <strong>of</strong> India<br />
• Secured netting services with central<br />
counterparty arrangements<br />
• G-Sec and Forex segments<br />
• Elimination <strong>of</strong> settlement risks with liquidity<br />
saving elements<br />
INSTITUTE FOR DEVELOPMENT AND<br />
RESEARCH IN BANKING TECHNOLOGY<br />
November 4, 2004<br />
Vepa Kamesam, Chairman <strong>IDRBT</strong>