MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification:

RBI/2025-26/06

CO.DGBA.GBD.No.S2/31-12-010/2025-2026

April 1, 2025

All Agency Banks

Madam / Dear Sir

Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission

Please refer to our Master Circular RBI/2024-25/07; CO.DGBA.GBD.No.S2/31-12-010/2024-2025 dated April 1, 2024 on the above subject. We have now revised and updated the Master Circular which consolidates important instructions on the subject issued by the Reserve Bank of India till March 31, 2025.

2. A copy of the revised Master Circular is enclosed for your information. This Circular may also be downloaded from our website https://mastercirculars.rbi.org.i...