FCNR(B) deposit interest rate guidelines consolidated and updated for applicability to scheduled commercial banks excluding RRBs. The Reserve Bank issued a Master Circular consolidating and updating all instructions and guidelines on interest rates payable on FCNR(B) deposits issued up to June 30, 2008; the circular is directed to all Scheduled Commercial Banks (excluding RRBs) and has been placed on the Reserve Bank's website as the authoritative consolidated reference.
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FCNR(B) deposit interest rate guidelines consolidated and updated for applicability to scheduled commercial banks excluding RRBs.
The Reserve Bank issued a Master Circular consolidating and updating all instructions and guidelines on interest rates payable on FCNR(B) deposits issued up to June 30, 2008; the circular is directed to all Scheduled Commercial Banks (excluding RRBs) and has been placed on the Reserve Bank's website as the authoritative consolidated reference.
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