Current Affairs · Banking & Financial Regulations

Regarding the revised regulatory directions for credit facilities provided to Capital Market Intermediaries (CMIs), which of the following statements regarding security and collateral requirements are correct? 1. Intraday limits are granted a special relaxation allowing them to operate with 50% collateral provided they are backed by guaranteed receivables. 2. General capital market facilities provided to intermediaries are strictly required to maintain 100% security coverage. 3. Credit facilities extended for margin trading must be fully secured and must maintain a minimum cash component of 50%. 4. In cases where equity shares are provided as collateral, banks are mandated to apply a minimum haircut of 25%. Select the correct option: