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___ RESERVE BANK OF INDIA___ www.rbi.org.in RBI/200910/64 BOD. No.FSD.BC.19 / 24.01.011/ 200910July 1, 2009 Shadow 9, 1931(Aka)All Scheduled Commercial Banks /NBF Cs (excluding Ribs) Dear Sir Master

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Who needs master circular on credit?

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What is master circular on credit?

A master circular on credit is a comprehensive document issued by a regulatory authority that consolidates all the guidelines and instructions relating to credit offered by financial institutions.

Who is required to file master circular on credit?

Financial institutions such as banks, credit unions, and other lending institutions are required to file master circulars on credit.

How to fill out master circular on credit?

To fill out a master circular on credit, financial institutions need to provide detailed information about their credit policies, procedures, and practices as per the guidelines provided by the regulatory authority.

What is the purpose of master circular on credit?

The purpose of a master circular on credit is to ensure that financial institutions are following the prescribed guidelines and regulations related to credit operations to maintain stability in the financial system.

What information must be reported on master circular on credit?

Financial institutions must report information such as types of credit offered, credit risk assessment methods, loan documentation requirements, and compliance with regulatory norms.

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