US EditionRBI Update - Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025. Applicable - Commercial Banks (including Regional Rural Banks and Local Area Banks); Primary (Urban) Co-operative Banks (UCBs)/ State Co-operative Banks (StCBs)/ Centr
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RBI Update - Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025. Applicable - Commercial Banks (including Regional Rural Banks and Local Area Banks); Primary (Urban) Co-operative Banks (UCBs)/ State Co-operative Banks (StCBs)/ Centr
Please find the following update under RBI The Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025 aim to harmonize and consolidate the regulatory framework governing non-fund based (NFB) facilities like guarantees, letters of credit, and co-acceptances across all regulated entities (REs). These Directions provide a comprehensive structure for issuance, monitoring, and risk management of NFB exposures, while enhancing trans…
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