April 25, 2024 12:47 (IST)
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RBI allows banks to open current account for customers availing credit from other banks

RBI allows banks to open current account for customers availing credit from other banks

Mumbai/IBNS: The Reserve Bank of India (RBI) has allowed banks to open current accounts for borrowers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system.

Difference Between Current Account and Savings Account

Difference Between Current Account and Savings Account