Master Direction - Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016


RBI UPDATE

Master Direction - Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016

Reserve Bank of India has issued Master Direction - Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016

These directions shall come into effect on the day it is placed on the official website of the Reserve Bank of India.

The provisions of these Directions shall apply to every co-operative bank licensed or permitted to carry on banking business in India by the Reserve Bank of India.