Under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, launched in 2023 to ensure uninterrupted daytime electricity supply to agricultural pumps, developers selected through tariff-based competitive ...
Uncover how bank guarantees and letters of credit help reduce risk in commercial and real estate transactions by ensuring borrower obligations. Learn their differences.
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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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