Regarding retention limit of cash in bank
This query is : Open
02 May 2016
Sir I am doing concurrent audit. but I am confuse regarding retention money of bank in a day. rs 12 lakh of 15 lakh .Please guide me
02 May 2016
banking regulations act
03 May 2016
Cash retention for each branch is different... only brach can tell what is their cash retention limit
03 May 2016
Thanks sir
03 May 2016
Sir please tell me what is the rule to determine cash retention limit
03 May 2016
Generally regional office (RO) of bank decides the cash retention limit of all the branches under its control...
it is desided on the basis of deposit size of branch... however RO may take into account other considerations
03 May 2016
Sir please tell me what is the way to determine cash retention limit ( by notificati)on or letter or documents
03 May 2016
by which way RO NOTIFY TO BRANCH
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