Conduct of Government Business by Agency Banks - Payment of Agency Commission - ਆਰਬੀਆਈ - Reserve Bank of India
Conduct of Government Business by Agency Banks - Payment of Agency Commission
RBI/2015-16/153 August 13, 2015 The Chairman/Chief Executive Officer Dear Sir / Madam, Conduct of Government Business by Agency Banks – Payment of Agency Commission Please refer to paragraphs 2 to 7 of our Master Circular No RBI /2015-16/81 dated July 01, 2015 on the captioned subject, wherein government transactions eligible for and not eligible for agency commission are discussed. 2. In this connection, it is clarified that the following activities do not come under the purview of agency bank business and are therefore not eligible for payment of agency commission.
Yours faithfully, (Monisha Chakraborty) |