Legal Question in Banking Law in India

Upto how much amount a fix deposit reciept can be issued from a bank without taking permission from RBI


Asked on 7/03/15, 11:25 am

1 Answer from Attorneys

J. Radhakrishnan independent Practice

Bank can issue fixed deposit receipt for any amount and there is no need to have any permission from RBI

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Answered on 7/03/15, 7:51 pm


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