Hosted on MSN

Regulator warns city gas companies against delaying submisison of performance bond guarantees

New Delhi: The petroleum and natural gas regulator has warned that it will encash bank guarantees and terminate contracts of city gas distributors if they fail to submit annual performance bond ...
Hosted on MSN

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, ...