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<h1>Intraday borrowing guidelines for mutual funds deferred as implementation under the borrowing framework now begins on July 15, 2026.</h1> Intraday borrowing guidelines for mutual funds under the borrowing framework have been deferred, and the relevant provisions in the master circular will now come into effect from July 15, 2026. The addendum addresses operational challenges raised by asset management companies and adjusts only the implementation timing, not the substantive borrowing framework.