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Master Circular- Capital Adequacy Standards and Risk Management Guidelines for Standalone Primary Dealers

RBI/2013-14/106
IDMD.PDRD. 02 /03.64.00/2013-14

July 1, 2013

All Standalone Primary Dealers

Dear Sir / Madam,

Master Circular- Capital Adequacy Standards and Risk Management Guidelines for Standalone Primary Dealers

The Reserve Bank of India (RBI) has, from time to time, issued a number of guidelines/instructions to the standalone Primary Dealers (PDs) with regard to their operations in the Government Securities Market and other activities. To enable the PDs to have all the current instructions at one place, a Master Circular incorporating the guidelines/instructions/circulars on the subject issued up to June 30, 2013 is enclosed. A list of circulars consolidated in this Master Circular is enclosed as Annex G. The banks undertaking PD activities departmentally shall follow the extant guidelines applicable to the banks regarding their capital adequacy requirement and risk management issued by Department of Banking Operations and Development, RBI. This Master Circular has also been placed on RBI website at http://www.mastercirculars.rbi.org.in.

Yours faithfully

(K.K.Vohra)
Pr. Chief General Manager

Encl: As above

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Click here to download the Master Circular

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