Foreign Currency (Non-Resident) Accounts (Banks) Scheme - RBI - Reserve Bank of India
Foreign Currency (Non-Resident) Accounts (Banks) Scheme
Reserve Bank 0f India April 19, 2001 DBOD No. Dir BC 105/13.03.00/2000-01 Foreign Currency (Non-Resident) Accounts (Banks) Scheme In exercise of the powers conferred by Sections 21 and 35A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that Annexure I to the Bank’s directive DBOD No. Dir.BC 48/13.03.00/2000-01 dated November 4, 2000 shall be substituted by the following: Interest rates applicable to deposits accepted under
2. The other provisions of the Directive DBOD No. Dir BC 48/13.03.00/2000-01 dated November 4, 2000, as amended from time to time, shall remain unchanged. (K.L. Khetarpaul) |