RBI/2007-2008/40
DBOD. No.Dir. BC. 6/13.03.00/2007- 08

July 2, 2007
Aashadha 11, 1929(Saka)

All Scheduled Commercial Banks
(Excluding RRBs)

Dear Sir,

Master Circular - Interest Rates on Advances

Please refer to the Master Circular DBOD.No.Dir.BC.5/13.03.00/2006-07 dated July 1, 2006 consolidating instructions / guidelines issued to banks till June 30, 2006 on matters relating to Interest Rates on Advances. The Master Circular has been suitably updated by incorporating instructions issued up to June 30, 2007 and has also been placed on the RBI website (http://www.rbi.org.in).

Yours faithfully,

(P. Vijaya Bhaskar)
Chief General Manager