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Change in Bank Rate

RBI - DBR.No.Ret.BC.90/12.01.001/2015-16 - Dated:- 5-4-2016 - RBI/2015-16/358 DBR.No.Ret.BC.90/12.01.001/2015-16 April 05, 2016 The Chairperson / CEOs of all Scheduled and Non-Scheduled Banks Dear Sir / Madam, Please refer to our circular DBR.No.Ret. .....

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cent with effect from April 05, 2016. 3. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, also stand revised as indicated in the Annex. Yours faithfully (S.S.Barik) Chief General Manager E .....

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