NOOP limit
Net Overnight Open Position limit — fixed by each bank's board and communicated to RBI, and not exceeding 25 percent of the bank's total Tier I and Tier II capital.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series I← All terms