On January 12, 2026, the Reserve Bank of India issued the Foreign Exchange Management (Guarantees) Regulations, 2026. These regulations are principle-based, and guarantees fulfilling these principles will be permitted. The regulations expand the universe of guarantees enabled under the automatic route and introduce comprehensive reporting of all guarantees, whether issued, modified, or invoked. The regulations were developed after examining feedback from stakeholders on the draft regulations, which were published on the Bank's website vide Press Release dated August 14, 2025. The Bank’s response to the major comments received are in the Annex. The Press Release number is 2025-2026/1900. Brij Raj, Chief General Manager, is the contact person. Website: www.rbi.org.in/hindi, Website: www.rbi.org.in, email: helpdoc@rbi.org.in, phone: 022 - 2266 0502.
Key Entities Referenced
Foreign Exchange Management (Guarantees) Regulations, 2026: Regulations issued by the Reserve Bank of India related to foreign exchange management for guarantees.
Reserve Bank of India: Issuer of the Foreign Exchange Management (Guarantees) Regulations, 2026.
draft regulations: Regulations that were published for feedback from stakeholders.
Press Release dated August 14, 2025: Bank's press release published on their website
Mumbai: Location of Reserve Bank of India's central office.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
January 12, 2026
Issuance of Foreign Exchange Management (Guarantees) Regulations, 2026
The Reserve Bank of India has issued the Foreign Exchange Management
(Guarantees) Regulations, 2026. The regulations are principle based and the
guarantees fulfilling the principles laid down in the regulation are being permitted.
Since, the universe of guarantees enabled under automatic route is being expanded,
a comprehensive reporting of all guarantees – issued, modified or invoked – is being
introduced.
2. The regulations have been issued after examining and suitably including feedback
received from the stakeholders on the draft regulations published on the Bank’s
website vide Press Release dated August 14, 2025. Bank’s response to the major
comments received are in the Annex.
(Brij Raj)
Press Release: 2025-2026/1900 Chief General Manager