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Change in Bank Rate

RBI - DBR.No.Ret.BC.19/12.01.001/2016-17 - Dated:- 4-10-2016 - RBI/2016-17/74 DBR.No.Ret.BC.19/12.01.001/2016-17 October 04, 2016 The Chairperson / CEOs of all Scheduled and Non-Scheduled Banks, Dear Sir, Please refer to circular DBR.No.Ret.BC.90/12. .....

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effect from October 04, 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-In-Cha .....

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