Kindly refer to Rule 6 of the
Rules of Business for NBFIs as modified from time to time.
2. In terms of the above Rule ,the NBFIs
can maintain liquidity interalia, by way of investing in listed
debt securities provided the companies selected have a stable
debt security value above the par value duril1g the one year
period immediately proceeding the date of maki11g investment.
With regard to the foregoing, it has since been decided that
the listed debt securities whose market value show fluctuation
of upto 10% of their par value will also be eligible for the
purpose of maintaining liquidity Under the said Rule.
3.Other instructions on the subject will remain
unchanged.
4. Please acknowledge receipt.
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