July 15 2013

RRBs – Bank Rate increased

RBI/2013-14/146 RPCD.CO.RRB.RCB.BC. No.13/03.05.33/2013-14 July 15 , 2013 The Chairmen/Chief Executive Officers, All Regional Rural Banks / State and Central Co-operative Banks Dear Sir/Madam, Bank Rate As announced in the Press Release 2013-14/100 dated July 15, 2013, the Bank Rate stands adjusted by 200 basis points from 8.25 per cent to 10.25 per cent with effect from… Read More

Tags: Bank RateBasis pointCentral bankInterestJuly 15 2013PercentageRegional Rural BankReserve requirement

Revision in Bank Rate

RBI/2013-14/139 UBD BPD (PCB) Cir. No.1/16.11.00/2013-14 July 15, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Revision in Bank Rate Please refer to our circular UBD BPD (PCB) Cir. No.48-16.11.00-2012-13 dated May 03, 2013 on the captioned subject.  As announced in the Press Release 2013-2014/100 dated July 15, 2013, the Bank Rate… Read More

Tags: Bank RateBasis pointIndiaInterest rateJuly 15 2013PercentagePrincipal Chiefs of the CherokeeReserve Bank of India

RBI Circular on changes in Bank Rate

RBI/2013-14/138 Ref : DBOD.No.Ret.BC. 31/12.01.001/2013-14 July 15, 2013 All Scheduled Commercial Banks & Local Area Banks Dear Sir, Bank Rate As announced in the Press Release 2013-2014/100 dated July 15, 2013, the Bank Rate stands adjusted by 200 basis points from 8.25 per cent to 10.25 per cent with effect from July 15, 2013. 2.  All… Read More

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