The Reserve Bank of India (RBI) on October 01, 2026, issued notification regarding the Consolidation/ Review of instructions issued on currency management matters – Withdrawal of Circulars/Guidelines.
In pursuance of the Reserve Bank’s ongoing initiative to rationalise the regulatory framework, a review of instructions issued on currency management related matters has been undertaken. The exercise involved consolidation of extant circulars/ guidelines into function-wise Master Directions (MDs) and subject-specific instructions.
Accordingly, the instructions listed in the Annex, comprising those which have been consolidated into Master Directions, as well as those which have become obsolete or redundant, stands withdrawn.
[Notification No. RBI/2026-27/274 DCM (IFCD).No.S2096/06.08.002/2026-27]