RBI/2010-11/65
DBOD.No.Dir.BC.10/13.03.00/2010-11

July 1, 2010
Ashadha10,1932 (Saka)

All Scheduled Commercial Banks
(excluding RRBs)

Dear Sir / Madam

Master Circular on Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) (NRE) Accounts

Please refer to the Master Circular DBOD No. Dir. BC. 11/13.03.00/ 2009-10 dated July 1, 2009 consolidating the instructions/guidelines issued to banks till June 30, 2009 relating to Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) (NRE) Accounts. The Master Circular has been suitably updated by incorporating the instructions issued up to June 30, 2010 and has been placed on the RBI website (http://www.rbi.org.in). A copy of the Master Circular is enclosed.

Yours faithfully
(A.K.Khound)
Chief General Manager