FEMA & RBI · 1 Oct 2026
RBI withdraws 268 currency-management circulars issued between 1976 and 2025 after consolidating them into Master Directions
RBI has withdrawn 268 circulars and guidelines on currency management, dated from 9 August 1976 to 24 April 2025. Some have been consolidated into function-wise Master Directions and subject-specific instructions; others have become obsolete or redundant. A separate circular of the same day lets a bank’s Board delegate monitoring of ATM cassette swaps to a Committee of Executives.
Rule change