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Tag: reserve bank of india commercial banks guidelines

RBI Issues Revised Classification Valuation Guidelines For Investment Portfolio Of commercial banks

Posted on September 12, 2023 By admin
RBI Issues Revised Classification Valuation Guidelines For Investment Portfolio Of commercial banks

The RBI said the revised guidelines for banks will be effective from April 1, 2024 (File) New Delhi: The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024. Banks will have to categorise investments into three…

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