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RBI Update -Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission - Mehta & Mehta

Summary by Mehta-mehtaadvisory.com
RBI issued the Master Circular on Conduct of Government Business by Agency Banks – Payment of Agency Commission The following has been stated  The Reserve Bank of India carries out the general banking business of the Central and State Governments through its own offices and through the offices of the agency banks appointed under Section 45 of the RBI Act, 1934, by mutual agreement. Government transactions eligible for agency commission Transacti…
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RBI Update -Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission - Mehta & Mehta

RBI issued the Master Circular on Conduct of Government Business by Agency Banks – Payment of Agency Commission The following has been stated  The Reserve Bank of India carries out the general banking business of the Central and State Governments through its own offices and through the offices of the agency banks appointed under Section 45 of the RBI Act, 1934, by mutual agreement. Government transactions eligible for agency commission Transacti…

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mehta-mehtaadvisory.com broke the news in on Wednesday, April 2, 2025.
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