About ARCL:

AMC Repo Clearing Limited (ARCL) was incorporated in April 2021 and is recognized in-principle by Securities and Exchange Board of India (SEBI) under Stock Exchanges and Clearing Corporations (SECC) Regulations, 2018. ARCL is a Central Counter Party (CCP) offering clearing and settlement services to all trades executed on NSE and BSE under triparty repo in corporate debt securities with robust risk management along with guarantee mechanism.

Vision & Mission:

Vision
To develop an active and thriving corporate debt securities market.

Mission
To be the only clearing corporation for trading, clearing & settlement of corporate debt securities in India.

Objectives

• To facilitate, set up and carry on the business of clearing and settlement of repo transactions with settlement guarantee in corporate debt securities.
• To ensure clearing & settlement with settlement guarantee in corporate debt securities.
• To act as a Tri-party Repo agent between the two parties to the repo transactions and to facilitate services like collateral selection, payment and settlement, custody and management during the life of the transaction.
• To support and develop market in credit risk products.

Shareholders:

ARCL is promoted by all Asset Management Companies (AMCs). Its capital is contributed by AMCs in proportion to their Asset Under Management (AUM) of open ended debt oriented mutual fund schemes for the Financial Year (FY) 2020-21 as per SEBI circular dated February 02, 2021 and April 06, 2021.

Committees:

Committees

Terms of reference

Management Team:
 

Sr. No.	Name	Designation
1	Mr. Kashinath Katakdhond	Managing Director
2	Ms. Hetal Chauhan	Chief Financial Officer
3	Mr. Amit Bodas	Chief Risk Officer
4	Ms. Sheela Burte	Chief Compliance Officer
5	Ms. Shweta Bhatt	Head – Operations
6	Mr. Vedant Kamulkar	Company Secretary
7	Mr. Natarajan Ramasamy	Advisor