NEW DELHI, Jan. 12 -- The Government of India issued the following FEMA circular:
RBI/2025-26/192
A.P. (DIR Series) Circular No. 19
January 12, 2026
All Authorised Dealer Category I Banks,
Madam / Sir,
Foreign Exchange Management (Guarantees) Regulations, 2026
The Reserve Bank of India has issued Foreign Exchange Management (Guarantees) Regulations, 2026. Authorised dealer banks are directed to be guided by the regulations ibid, while facilitating a guarantee wherein any of the parties is a person resident outside India. Authorised dealer banks may also note to ensure compliance to regulatory guidelines issued by Department of Regulation, Reserve Bank of India.
2. The regulations provide for comprehensive reporting of all guarantees...