Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and Ordinary Non-Resident (NRO) Accounts

Last updated: 30 December 2011

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RBI/2011-12/325 RPCD.CO.RCB.Dir.BC.No.49 /07.38.01/2011-12 December 28, 2011 All State and Central Co-operative Banks Dear Sir/Madam, Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Depositsand Ordinary Non-Resident (NRO) Accounts Please refer to paragraph 1 of ourcircular RPCD.CO.RCB.BC.No.38/ 07.38.01/2011-12 dated November 24, 2011on Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and paragraph 2 of ourcircular RPCD.CO.RCB.BC.No.65/ 07.38.01/20

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Notification No : RBI/2011-12/325

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