Reserve Bank of India vide RBI/2012-13/179 A. P. (DIR Series) Circular No. 20, dated August 29, 2012 has introduced a reporting format to capture Nonresident guarantee for non-fund based facilities entered between two resident entities issued and invoked.

Authorized Dealer Category-I banks are required to furnish such details by all its branches, in a consolidated statement, during the quarter, as per the format in Annex to the Chief General Manager, Foreign Exchange Department, ECB Division, Reserve Bank of India, Central Office Building, 11th floor, Fort, Mumbai – 400 001 (and in MS-Excel file through email) so as to reach the Department not later than 10th day of the following month.