https://www.taxtmi.com/circulars?id=11786 The Reserve Bank extends general permission for non-resident guarantees to support non-fund based rupee facilities between two residents, noting no foreign exchange event occurs until invocation; discharge and repayment shall follow existing FEMA notification procedures. Authorized Dealer Category I banks must submit consolidated quarterly reports of such guarantees issued and invoked, in the prescribed annex and Excel format, to the RBI ECB Division by the 10th of the following month. The policy is effective from the circular date and subject to future review. en-us Wed, 29 Aug 2012 00:00:00 +0530 Tue, 13 Jan 2026 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11786 The Reserve Bank extends general permission for non-resident guarantees to support non-fund based rupee facilities between two residents, noting no foreign exchange event occurs until invocation; discharge and repayment shall follow existing FEMA notification procedures. Authorized Dealer Category I banks must submit consolidated quarterly reports of such guarantees issued and invoked, in the prescribed annex and Excel format, to the RBI ECB Division by the 10th of the following month. The policy is effective from the circular date and subject to future review. Circulars FEMA Wed, 29 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11786