Due diligence in relation to non-resident guarantees availed by persons resident in India

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..... 04, 2024 To All Category - I Authorised Dealer Banks Madam / Sir, Due diligence in relation to non-resident guarantees availed by persons resident in India The Reserve Bank of India (RBI) has come ac .....

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..... regulations. The contents of this circular may be brought to the notice of your constituents. 3. This direction is issued under Section 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (4 .....

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