The Overnight Reverse Repurchase Agreement is a crucial instrument in India's money market operations, regulated by the Reserve Bank of India (RBI). This document is used when financial institutions need to manage short-term liquidity by lending funds overnight against securities collateral. The agreement encompasses all essential elements required by Indian regulatory framework, including the RBI Repurchase Transactions (Repo) Directions, 2018, and relevant provisions of securities and banking laws. It is particularly important for interbank lending, liquidity management, and implementing monetary policy. The document includes detailed provisions for transaction execution, collateral management, margin maintenance, and default handling, all within the context of Indian financial markets and regulatory requirements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the buyer and seller in the reverse repo transaction
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Definitions of technical terms, market conventions, and specific terminology used in repo transactions
4. Transaction Mechanics: Core provisions detailing the purchase and repurchase obligations, pricing mechanisms, and settlement procedures
5. Margin Maintenance: Provisions for initial margin, margin calls, and margin maintenance requirements
6. Payment and Transfer: Procedures for funds transfer, securities delivery, and timing requirements
7. Representations and Warranties: Standard representations regarding capacity, authority, and compliance
8. Events of Default: Definition of default events and consequences
9. Close-out and Netting: Procedures for early termination and calculation of settlement amounts
10. Market Practice and Regulatory Compliance: Compliance with RBI guidelines and market conventions
11. Communications: Notice requirements and communication procedures
12. Governing Law and Jurisdiction: Specification of Indian law and jurisdiction
1. Electronic Trading Provisions: Required when transactions will be executed through electronic trading platforms
2. Cross-Border Provisions: Required when either party is a foreign entity or foreign securities are involved
3. Additional Credit Support: Required when parties agree to additional credit support arrangements beyond standard margin
4. Agency Provisions: Required when either party acts as an agent for multiple principals
5. Force Majeure: Optional provisions for extraordinary events affecting market operations
6. Tax Provisions: Detailed tax clauses required for cross-border transactions or specific tax arrangements
1. Transaction Confirmation Form: Standard form for confirming individual repo transactions
2. Eligible Securities: List of securities acceptable for the reverse repo transactions
3. Margin Percentages: Schedule of haircuts and margin requirements for different security types
4. Authorized Persons: List of authorized signatories and traders for both parties
5. Operating Procedures: Detailed procedures for execution, settlement, and margin calls
6. Forms and Notices: Standard forms for various notices and communications
7. Bank Account Details: Settlement account details for both parties
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Capital Markets
Investment Management
Insurance
Treasury Services
Securities Trading
Money Markets
Relevant Teams
Treasury
Legal
Risk Management
Operations
Compliance
Trading
Settlement
Middle Office
Credit
Regulatory Reporting
Finance
Audit
Relevant Roles
Treasury Manager
Money Market Dealer
Legal Counsel
Risk Manager
Operations Manager
Financial Controller
Compliance Officer
Trading Manager
Settlement Officer
Portfolio Manager
Fixed Income Trader
Credit Risk Officer
Regulatory Reporting Specialist
Treasury Operations Officer
FICC Trading Head
Find the exact document you need
Simple Security Agreement
An Indian law-governed agreement creating security interests over assets in favor of a lender/security holder, establishing terms for security creation, maintenance, and enforcement.
find out more
Alarm Monitoring Agreement
An Indian law-governed agreement establishing terms for professional alarm monitoring services, including service provider and customer obligations, monitoring protocols, and response procedures.
find out more
Motor Vehicle Security Agreement
An Indian law-governed agreement creating security interest over a motor vehicle in favor of a lender, compliant with Motor Vehicles Act and SARFAESI Act.
find out more
Personal Information Confidentiality Agreement
An Indian law-compliant confidentiality agreement for protecting personal information, incorporating requirements from key Indian data protection legislation.
find out more
Simple Security Deposit Agreement
An Indian law-governed agreement establishing terms for managing security deposits between parties, including payment, maintenance, and return conditions.
find out more
Security Cheque Agreement
An Indian law-governed agreement establishing terms for providing and holding post-dated cheques as security for an underlying obligation.
find out more
Security Deposit Agreement
An Indian law-governed agreement establishing terms for holding and managing a security deposit, including deposit amount, maintenance conditions, and return provisions.
find out more
Pledge Agreement
An Indian law-governed agreement creating a security interest through pledge of assets, detailing rights, obligations, and enforcement mechanisms between pledgor and pledgee.
find out more
Penetration Testing Confidentiality Agreement
An Indian law-governed confidentiality agreement for penetration testing services, protecting sensitive information during authorized security testing activities.
find out more
Data Privacy Contract
An Indian law-compliant Data Privacy Contract governing personal data processing activities, security measures, and compliance requirements between contracting parties.
find out more
Collateral Substitution Agreement
An Indian law-governed agreement that establishes the framework and process for substituting one form of collateral for another in a secured lending arrangement.
find out more
Sale Of LLC Interest Agreement
An Indian law-governed agreement facilitating the transfer of LLC ownership interests from seller to purchaser, ensuring compliance with Indian corporate and regulatory requirements.
find out more
Safe Deposit Box Rental Agreement
An Indian law-governed agreement setting out terms for safe deposit box rental between a financial institution and its customers, compliant with Indian banking regulations.
find out more
Purchase Money Security Agreement
An Indian law-governed agreement creating a security interest in property purchased with financed funds, establishing lender rights and borrower obligations until full payment.
find out more
Debenture Purchase Agreement
An Indian law-governed agreement documenting terms and conditions for the purchase of debentures issued by a company to investors, including key terms, rights, and obligations.
find out more
Purchase Security Agreement
An Indian law-governed agreement creating security interest over purchased assets, defining terms of security, collateral, and enforcement rights.
find out more
Note And Security Agreement
An Indian law-governed agreement combining a promissory note with security arrangements, establishing loan terms and security interests while ensuring statutory compliance.
find out more
Factoring And Security Agreement
An Indian law-governed agreement combining factoring of receivables with security creation, enabling businesses to obtain financing while providing security to the factor.
find out more
Consumer Security Agreement
An Indian law-governed security agreement between a financial institution and consumer borrower, creating security over assets to secure financial obligations.
find out more
Data Protection Agreement
An Indian law-governed agreement establishing terms for personal data processing and protection, ensuring compliance with India's data protection regulations.
find out more
Commercial Pledge Agreement
An Indian law-governed agreement creating a security interest over movable assets through pledge arrangement between a pledgor and pledgee.
find out more
Membership Interest Pledge Agreement
An Indian law-governed agreement creating a security interest over company membership interests as collateral for financial obligations.
find out more
Membership Interest Agreement
An Indian law-governed agreement for transferring or acquiring membership interests in a company/LLP, establishing rights, obligations, and governance terms.
find out more
Irrevocable Pledge Agreement
An Indian law-governed agreement creating an irrevocable security interest over assets in favor of a pledgee, detailing pledge terms and enforcement rights.
find out more
Lease Security Agreement
An Indian law-governed agreement that establishes terms for managing lease security deposits, protecting both landlord and tenant interests.
find out more
Guaranty And Security Agreement
An Indian law-governed agreement combining guarantee obligations and security arrangements, establishing both personal guarantees and asset-based security for financial obligations.
find out more
Global Master Repurchase Agreement
An Indian law-governed master agreement for securities repurchase transactions, establishing terms for repo and reverse repo dealings while ensuring compliance with local regulations.
find out more
Equipment Security Agreement
An Indian law-governed agreement creating security interest over equipment as collateral for financial facilities, compliant with SARFAESI Act and related legislation.
find out more
Auto Loan Security Agreement
An Indian law-governed security agreement for vehicle financing that creates a security interest in favor of the lender while establishing loan terms and borrower obligations.
find out more
Stock Escrow Agreement
An Indian law-governed agreement establishing terms for third-party custody of shares pending fulfillment of specified conditions, compliant with Companies Act and SEBI regulations.
find out more
Personal Security Agreement
An Indian law-governed agreement establishing terms for personal security services, including operational protocols and compliance requirements under Indian security regulations.
find out more
Security Deposit Installment Agreement
An Indian law-governed agreement establishing terms for paying and managing a security deposit through installments instead of a single payment.
find out more
Collateral Account Control Agreement
An Indian law agreement establishing control mechanisms over bank accounts as collateral security, typically used in secured financing arrangements.
find out more
Collateral Account Agreement
An Indian law-governed agreement establishing security over bank accounts and their contents, defining control rights and operational procedures between borrowers, lenders, and account banks.
find out more
Chattel Security Agreement
An Indian law-governed agreement creating security interests over movable property (chattels) as collateral for financial obligations.
find out more
Business Security Agreement
An Indian law-governed agreement creating security interests over business assets in favor of lenders, establishing rights and enforcement mechanisms under Indian security and banking laws.
find out more
Trademark Security Agreement
An Indian law-governed agreement creating a security interest in trademarks as collateral for financial obligations.
find out more
Retail Installment Contract And Security Agreement
An Indian law-governed agreement combining retail installment sales terms with security arrangements for financed consumer purchases.
find out more
Subordinated Creditors Security Agreement
An Indian law-governed agreement establishing security rights for subordinated creditors and regulating priority between different classes of creditors.
find out more
Convertible Bond Subscription Agreement
An Indian law-governed agreement detailing terms for investor subscription to convertible bonds with future equity conversion rights.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)