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On 01st April 2023, the Reserve Bank of India (RBI) issued a Master Circular in regard to conducting of governmental business with Agency Banks – Payment of Agency Commission in reference to prior issued Master Circular – RBI/2022-23/08, CO.DGBA.GBD.No.S-1/31.12.010/2022-23 issued on 01st April 2022.
The Master Circular consolidates important instructions on the subject issued by the Reserve Bank of India till 31st March 2023, which is revised and updated.
RBI Issues Master Circular for Conducting Governmental Business by Agency Banks – Payment of Agency Commission
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