Guarantee reporting obligations allocate responsibility among sureties, debtors and creditors, with quarterly reporting of issuance, changes and invocation.

Guarantee reporting responsibility depends on the residence and role of the surety, principal debtor and creditor. Reportable matters include guarantee issuance, changes to the guarantee amount or period, pre-closure and invocation. The obligated party must submit quarterly reports in the prescribed format to an authorised dealer bank within fifteen calendar days after the relevant quarter. The authorised dealer bank must onward submit the returns to the Reserve Bank of India within thirty calendar days after the quarter ends.

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