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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

Government Debt Relief Schemes (DRS)

31-Dec-2024 | RBI/2024-2025/100 DOR.STR.REC.54/21.04.048/2024-25

RBI has issued a circular regarding Government Debt Relief Schemes (DRS), effective from 31st December 2024. By virtue of this circular, guidelines are issued to Regulated Entities participating in Government Debt Relief Schemes. The said guidelines are provided in Annex 1 to the circular and shall apply in respect of Debt Relief Schemes which are notified on or after the date of issue of these guidelines. Further, a Model Operating Procedure (MOP) it also attached as to the circular as Annex 2 for the reference of State Governments for their consideration while designing and implementing such Debt Relief Schemes. Please refer to the attached circular for more information

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