RBI exempts 7 categories of accounts from ambit of current accounts circular

RBI exempts 7 categories of accounts from ambit of current accounts circular

“On a review, it has been decided to permit banks to open specific accounts which are stipulated under various statutes and instructions of other regulators/ regulatory departments, without any restrictions placed in terms of the above-mentioned circular dated August 6, 2020,” the central bank said in a notification.
Check the source here –Source, Financial Express.
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