Special currency basket value revision affecting deferred payment protocols; authorised banks must notify constituents under regulatory directions. The Reserve Bank revised the Rupee value of the special currency basket applicable to settlement under the Deferred Payment Protocols with the erstwhile USSR, effective September 20, 2011, replacing the prior value effective August 23, 2011; AD Category I banks must notify their constituents and apply the revised valuation, pursuant to regulatory directions and without prejudice to other legal permissions.
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Special currency basket value revision affecting deferred payment protocols; authorised banks must notify constituents under regulatory directions.
The Reserve Bank revised the Rupee value of the special currency basket applicable to settlement under the Deferred Payment Protocols with the erstwhile USSR, effective September 20, 2011, replacing the prior value effective August 23, 2011; AD Category I banks must notify their constituents and apply the revised valuation, pursuant to regulatory directions and without prejudice to other legal permissions.
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