Quick Summary
Reserve Bank of India
RBI/2023-24/04
DOR.STR.REC.5/13.07.010/2023-24
April 1, 2023
All Scheduled Commercial Banks
(excluding Payments Banks and RRBs)
Dear Sir / Madam
Master Circular - Guarantees and Co-acceptances
Please refer to the Master Circular DOR.STR.REC.8/13.07.010/2022-23 dated April 1, 2022 consolidating the instructions / guidelines issued to banks till March 31, 2022, relating to Guarantees and Co-acceptances. This Master Circular consolidates the instructions on the above matter issued up to March 31, 2023.
Yours faithfully
Manoranjan Mishra
Chief General Manager
FAQ :
The Master Circular consolidates all instructions and guidelines issued to banks relating to Guarantees and Co-acceptances up to March 31, 2023.
This circular is addressed to all Scheduled Commercial Banks, excluding Payments Banks and Regional Rural Banks (RRBs).
The instructions consolidated in this Master Circular cover the period up to March 31, 2023.
Yes, this Master Circular replaces the previous one dated April 1, 2022, which consolidated instructions up to March 31, 2022.
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Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12471&Mode=0#MC