RRBs/StCBs/DCCBs - Bank Rate - ஆர்பிஐ - Reserve Bank of India
RRBs/StCBs/DCCBs - Bank Rate
RBI/2011-12/517 April 20, 2012 The Chairmen / Chief Executive Officers, Dear Sir, Bank Rate As announced in the Monetary Policy Statement 2012-13, the Bank Rate stands adjusted by 50 basis points from 9.50 per cent to 9.00 per cent with effect from April 17, 2012. 2. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, also stand revised as indicated in Annex. 3. Please acknowledge receipt. Yours faithfully, (C.D.Srinivasan) Encl: as above Penal Interest Rates which are linked to the Bank Rate
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