Maintenance of Government Accounts -Interest on Delayed Remittances and Excess/Double Reimbursement - ஆர்பிஐ - Reserve Bank of India
Maintenance of Government Accounts -Interest on Delayed Remittances and Excess/Double Reimbursement
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RBI/2004/234
June 10, 2004 The Chairman/Managing Director, State Bank of India & its Associates, All Nationalized Banks, Jammu & Kashmir Bank Ltd., IDBI Bank Ltd./HDFC Bank Ltd./ ICICI Bank Ltd./UTI Bank Ltd.
Dear Sir,
Maintenance of Government Accounts – Interest on Delayed Remittances and Excess/Double Reimbursement
Please refer to our Circular No.443/42.01.011/2003-04 dated November 5, 2003 on the above subject. 2. We advise that the rate of interest on delayed remittances and double/excess reimbursement remains unchanged at 8% (i.e. Bank Rate 6% + 2%) with effect from 1st May 2004 till further instructions.
Yours sincerely,
Sd/-
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கேட்கவும்
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