Tag Archives: CHANGE IN BANK RATE

CHANGE IN BANK RATE

CHANGE IN BANK RATE CIRCULAR DBR.NO.RET.BC.42/12.01.001/2015-16, DATED 29-9-2015 Please refer to our circulars DBR.No.Ret.BC.99/12.01.001/2014-15 dated June 02, 2015 and DCBR.BPD.(PCB/RCB).Cir.No.37/16.11.00/2014-15 dated June 2, 2015 on the captioned subject. 2. As announced in the Fourth Bi-Monthly Monetary Policy Statement 2015-16 dated September 29, 2015, the Bank Rate stands adjusted by 50 basis points from 8.25 per… Read More »