Extraordinary Gazette of India
· Government of India
Reserve Bank hereby notifies that State Co-operative Banks and Central Co-operative Banks, are exempted, till further order, from the obligation of maintenance of cash reserve ratio (CRR) under Section 18 or assets in the form of cash gold or unencumbered approved securities under Section 24 read with Section 56 of the Banking Regulation Act, 1949, to the extent of the amounts deposited by them with IDBI Bank Limited
Published 06 November 2010
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