Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs

Reserve Bank of India

RBI/2023-24/05
DoR.STR.REC.4/09.27.000/2023-24

April 1, 2023

The Managing Director / Chief Executive Officers
All Primary (Urban) Co-operative Banks

Dear Sir / Madam,

Master Circular - Guarantees, Co-Acceptances & Letters of Credit - UCBs

Please refer to our Master Circular DoR.STR.REC.9/09.27.000/2022-23 dated April 1, 2022 on the captioned subject (available at RBI website https://rbi.org.in/). The enclosed Master Circular consolidates and updates all the instructions / guidelines on the subject issued up to March 31, 2023 as listed in the Annex.

Yours faithfully

(Manoranjan Mishra)
Chief General Manager