Circular regarding Opening of Current Accounts by Banks – Need for Discipline (dated 29.10.2021) – RBI.
View PdfCircular regarding Opening of Current Accounts by Banks – Need for Discipline (dated 29.10.2021) – RBI.
- On a review and taking into account feedback received from Indian Banks’ Association (IBA) and other stakeholders, it has been decided that banks may open current accounts for borrowers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system as per the provisions said circular, refer notification for further details.
