Reporting of Call Money Transactions
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No.DS.PCB.CIR. 52 /13.01.00/2001-02 June 24 2002 All Primary (Urban) Co-operative Banks Dear Sir/Madam Reporting of Call Money Transactions Please refer to paragraph 2(i)(a) of our circular UBD.No.DS.PCB.Cir.31/13.01.00/2001-02 dated 16 February 2002 advising all urban co-operative banks to report on daily basis the details of amount borrowed from call/notice money market to the Adviser-in-Charge, Monetary Policy Department, Reserve Bank of India, Central Office, Mumbai by fax.
2. On a review it has been decided that since the urban co-operative banks are required to send fortnightly returns to our Monetary Policy Department, you need not send daily report in case you do not have any call/notice money market transactions on that day.
3. Other instructions contained in our above circular remain unchanged.
4. Please acknowledge receipt to the concerned Regional Office.
Yours faithfully,
(Sudarshan Sen) |
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