Master Circular- Guarantees, Co-Acceptances & Letters of Credit – UCBs
Please refer to our Master Circular DCBR. BPD (PCB) MC. No.8/09.27.000/2015-16 dated July 1, 2015 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 November 1, 2021 as listed in the Appendix.
Other Updates on RBI