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of <h1>RBI Updates Guidelines for Commercial Banks on Rupee Deposit Interest Rates in Domestic, NRO, and NRE Accounts.</h1> The Master Circular issued by the Reserve Bank of India (RBI) consolidates and updates guidelines for scheduled commercial banks (excluding regional rural banks) on interest rates for rupee deposits in Domestic, Ordinary Non-Resident (NRO), and Non-Resident (External) (NRE) accounts. This update incorporates instructions issued up to June 30, 2008, succeeding the previous circular from July 2, 2007. The document is available on the RBI website for reference.
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