MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification:
RBI/2025-26/12
DOR.STR.REC.06/13.07.010/2025-26
April 01, 2025
All Scheduled Commercial Banks
(excluding Payment Banks and RRBs)
Dear Sir / Madam
Master Circular - Guarantees and Co-acceptances
Please refer to the Master Circular DOR.STR.REC.2/13.07.010/2024-25 dated April 01, 2024 consolidating the instructions / guidelines issued to banks till March 31, 2024, relating to Guarantees and Co-acceptances. Attached is the revised Master Circular, updated to reflect all instructions issued up to March 31, 2025 on the above matter, as listed in the Annex 2. It may be noted that this Master Circular only consolidates all instructions on the above matter is...