Advances to State Co-operative Banks under Section I7 (4) (a) of the RBI Act, 1934 for general banking business

Last updated: 30 September 2011

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RBI/2011-12/209 RPCD.CO RCB. BC No.20/03.03.02/2011-12 September 30, 2011 All State Co-operative Banks Dear Sir Advances to State Co-operative Banks under Section I7 (4) (a) of the RBI Act, 1934 for general banking business As you are aware, the interest on loans and advances granted by the Reserve Bank to State Co-operative Banks under Section 17 (4) (a) of the RBI Act, 1934 for the purpose of general banking business such as clearing adjustments, liquidity etc. is provided at Bank Rat

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Notification No : RPCD.CO RCB. BC No.20/03.03.02/2011-12

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