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RBI releases FAQs on Banking Matters

The Reserve Bank of India has been issuing circulars and directives from time to time. While issuing such circulars/directives, every effort is made to ensure clarity of the instructions with rationale and logic. There have been occasions when banks, members of public, etc., sought clarifications or interpretation of the instructions conveyed. It was, therefore, felt that if a booklet was compiled containing answers to off repeated questions, it would be helpful to all.

Accordingly, a bilingual booklet titled `Replies to Questions, frequently asked on Banking Matters' has been prepared by the Department of Banking Operations and Development (DBOD) of the Reserve Bank of India. The booklet contains answers to frequently asked questions on deposits, advances, hiring of premises by banks, etc.

The booklet has been priced at Rs.12 and is available at the Sale Section of the Department of Economic Analysis and Policy, Reserve Bank of India at Amar Building, Fort, Mumbai 400 001. The booklet is also available on the RBI website under a special URL : www.faqs.rbi.org.in

Alpana Killawala
General Manager

Press Release : 1999-2000/6

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