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        Case ID :
        FEMA

        Master Circular of instructions relating to deposits held in FCNR(B) Accounts

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        FCNR(B) deposit instructions consolidated; updated interest-rate master circular posted for scheduled commercial banks to implement. Consolidation of instructions for FCNR(B) accounts and interest-rate provisions has been issued as a Master Circular updating prior guidance through the stated cut-off; the updated consolidated text is posted on the regulator's official website for use by Scheduled Commercial Banks (excluding Regional Rural Banks).
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                FCNR(B) deposit instructions consolidated; updated interest-rate master circular posted for scheduled commercial banks to implement.

                                Consolidation of instructions for FCNR(B) accounts and interest-rate provisions has been issued as a Master Circular updating prior guidance through the stated cut-off; the updated consolidated text is posted on the regulator's official website for use by Scheduled Commercial Banks (excluding Regional Rural Banks).


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