How is borrowing limit computed?
The eligible securities deposited by a member as collateral towards allocation of borrowing limit in CBLO segment is subjected to a valuation exercise at the end of each business day. The valuation is carried out using CCIL’s mark-to-mark price for such securities. Aggregate value of securities contributed by a member, net of haircut, rounded downwards to the nearest rupee is set as permissible borrowing limit for such member.
