RBI:
RBI has issued master directions on ‘Access Criteria for Negotiated Dealing System-Order Matching’ (NDS-OM). These directions supersede the RBI (Access Criteria for NDS-OM) Directions, 2024 dated October 18, 2024. Any person/entity eligible to invest in Government securities must be eligible to access NDS-OM either through direct access, indirect access or via a stockbroker. NDS-OM refers to ETP authorized by RBI for transactions in Government securities.
[RBI Notification No. RBI/FMRD/2024-25/127 FMRD.MIOD.No.12/11.01.051/2024-25 dated on 07.02.2025]