IFSCA - Guidelines for issuance of Certificate of Deposits- withdrawal

Last updated: 24 May 2021

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The International Financial Services Centres Authority (IFSCA) has issued a notification regarding the withdrawal of guidelines for the issuance of Certificates of Deposits. This withdrawal is effective immediately. Banking units are advised to note this change in regulations.

International Financial Services Centres Authority

F.No.110/IFSCA/Banking Regulation/2021-22/4

Date : May 21, 2021

To all Banking Units

Dear Sir/Madam,

Subject: Guidelines for issuance of Certificate of Deposits – Withdrawal

Banking Units may please refer to IFSCA Circular F. No.110/IFSCA/Banking Regulation/2021-22/2 on the above subject, issued on May 10, 2021.

It is hereby informed, that the instructions issued vide the above circular shall stand withdrawn with immediate effect.

Yours faithfully,

(Supriyo Bhattacharjee)
General Manager

Supriyo.b@ifsca.gov.in

FAQ :

The notification concerns the withdrawal of guidelines for the issuance of Certificates of Deposits.

The instructions are withdrawn with immediate effect.

All Banking Units are being informed about this withdrawal.

Yes, the instructions withdrawn refer to IFSCA Circular F. No.110/IFSCA/Banking Regulation/2021-22/2, issued on May 10, 2021.

Notification No : F.No.110/IFSCA/Banking Regulation/2021-22/4
Source : https://ifsca.gov.in/Viewer/Index/176

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