| Master Circular on Interest Rates on Rupee Deposits held in Domestic, Ordinary Non- Resident (NRO) and Non-Resident (External) (NRE) Accounts |
RBI/2007-2008/41
DBOD.No.
Dir. BC. 7/13.03.00/2006-07 July
2, 2007
Aashadha 11, 1929(Saka)
All Scheduled Commercial Banks
(Excluding
RRBs)
Dear
Sir
Master
Circular on Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident
(NRO) and Non-Resident (External) (NRE) Accounts Please
refer to the Master Circular DBOD No. Dir. BC. 6/13.03.00/ 2006-07 dated July
1, 2006 consolidating the instructions/guidelines issued to banks till June 30,
2006 relating to Interest
Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident
(External) (NRE) Accounts. The Master Circular has been suitably updated by
incorporating the instructions issued up to June 30, 2007 and has been
placed on the RBI website (http://www.rbi.org.in).
Yours
faithfully
(P.
Vijaya Bhaskar )
Chief
General Manager |
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