RBI Master Circular- Government Business & Agency Commission: It updates the previous Master Circular, by consolidating all relevant instructions and guidelines issued by the RBI up to 31st March 2025. Eligible transactions include revenue receipts, payments, and pension disbursements for central and state governments, while ineligible transactions cover bank guarantees, autonomous body business, and certain prefunded schemes. (RBI Notification 06/2025 Dated 01/04/2025)
