"No bank shall open current accounts for customers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system and all transactions shall be routed through the CC/OD account"
We have CC Account and Current Account in Multiple Banks.
We have receive notice from our one of the bank of close current account where we have CC Facility also.
Whether we can insist our Bank not to close Current Account where our CC Facility is also there.
CAclubindia
