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Provisions expressly mentioned in the judgment/order text.
The instrument establishes new Foreign Exchange Management (Guarantees) Regulations, 2026, directing AD Category I banks to apply those regulations when facilitating guarantees involving any person resident outside India, thereby making those regulations the operative compliance standard for such guarantees. It prescribes comprehensive reporting of all guarantees (issued, modified or invoked) to authorised dealer banks in a prescribed GRN form, thereby imposing a mandatory reporting obligation and requiring banks to submit compiled returns in a future-specified manner. It expressly supersedes the listed A.P. (DIR Series) circulars-except for past actions-thereby withdrawing prior circular guidance; discontinues quarterly reporting on Trade Credit guarantees from quarter ending March 2026, thereby ending that specific reporting obligation; and amends guarantee provisions in multiple Master Directions, thereby altering existing regulatory provisions governing guarantees. (RBI)
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