Special Deposit Scheme (SDS), 1975 -Revision of Rate of Interest - आरबीआय - Reserve Bank of India
Special Deposit Scheme (SDS), 1975 -Revision of Rate of Interest
RBI/2011-12/592 June 06, 2012 The Chairman & Managing Director Dear Sir/Madam, Special Deposit Scheme (SDS), 1975 –Revision of Rate of Interest The Government of India has vide Notifications, as detailed below, notified revision in the interest rates on the deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated June 30, 1975.
2. Copies of both the notifications are enclosed. You may please issue suitable instructions to all your Deposit offices and acknowledge receipt. Yours faithfully, (Sangeeta Lalwani) THE GAZETTE OF INDIA No. 67 ] New Delhi, TUESDAY, March 13, 2012 / PHALGUNA 23, 1933 MINISTRY OF FINANCE NOTIFICATION New Delhi, the 13th March 2012 No. 5(4)-B(PD)/2011. – It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F. 16(1)-PD/75, dated 30th June, 1975, shall with effect from 1st December, 2011 and until further orders, bear interest at 8.6% (eight point six per cent) per annum. Brajendra Navnit [TO BE PUBLISHED IN THE GAZETTE OF INDIA: EXTRAORDINARY, PART I – SEC. I] Government of India NOTIFICATION New Delhi, the 22nd May, 2012 No. 5(4)-B(PD)/2012. – It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F. 16(1)-PD/75, dated 30th June, 1975, shall with effect from 1st April, 2012 and until further orders, bear interest at 8.8% (eight point eight per cent) per annum. Brajendra Navnit |