Rationalisation and Revision of Agency Commission Payable to Banks on Government Transactions

Last updated: 24 May 2012

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RBI/2011-12/570 DGBA.GAD.No.7575/31.12.011/2011-12 May 22, 2012 The Chairman and Managing Director/Chief Executive Officer All Agency Banks Madam / Dear Sir, Rationalisation and Revision of Agency Commission Payable to Banks on Government Transactions As you are aware, Reserve Bank of India (RBI) carries out the general banking business of the Central and State Governments through its own offices and through the offices of the Agency Banks appointed under Section 45 of the RBI Act

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Notification No : RBI/2011-12/570

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