RBI/2011-12/281
UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12
November 25, 2011
The Chief Executive Officers
All Primary (Urban) Co-operative Banks
Dear Sir/Madam,
Deregulation of Savings Bank Deposit Interest Rate
Please refer to ourcircular No.UBD.BPD.(PCB)CIR No.45/13.01.00/2010-11 dated May 3, 2011enclosing a Directive UBD.BPD.DIR. No.3/13.01.00/2010-11 dated May 3, 2011on interest rates on deposits.
2. As indicated in theSecond Quarter Review of Monetary Policy announced
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Notification No : UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12Published in Community & General