RBI/2004-05/187
DBOD.No.IECS.BC.44/08.12.01/2004-05 September 23, 2004 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir Opening of Current Accounts by banks – Need for discipline Please refer to our circular No.DBOD.No.Leg.BC.22/09.07.005/2004-2005 dated August 4, 2004 on the captioned subject. 2. We clarify that our instructions contained in the circular referred to above supercede our circular IECD.No.PMS.151/C.446(PL)-86/87 dated 9th December 1986. Yours faithfully [C.R. Muralidharan]
Chief General Manager-in-Charge
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