The Reserve Bank of India (RBI) on July 25, 2023, issued the Master Circular on Management of Advances for UCBs.
The following has been stated namely: -
• Reference is drawn to Master Circular DOR.CRE.REC.No.17/13.05.000/2022-23 dated April 08, 2022, that specifies the Management of Advances for UCBs.
• The Consolidated Master Circular on the same has been issued.
[Notification No. RBI/2023-24/51]