Find out how bank guarantees work, why they are issued, and the process that a business normally goes through to acquire one ...
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Latest RBI Circular on Bank Guarantees, Letters of Credit (LC), and Co-Acceptance Rules
The Reserve Bank of India (RBI) issued a Master Circular on April 1, 2025, introducing new guidelines for Primary (Urban) Co-operative Banks (UCBs) regarding the issuance of bank guarantees, ...
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