When is CRR to be made..

HI all,

CRR has to be made on redeemption of preference share equivalent to nominal value.

Whether CRR has to be made on redeemption or equivalent amount. has to be transferred to CRR every year before redeemption so as to facilitate the fund at the time of redemption.

Please provide comments.

Thanks

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Ritesh Jain

Arvind Khemka

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