RBI/2006-2007/416
DBOD. No. BP. BC.100 /21.04.012/2006-07

May 25, 2007

The Chairmen of all Scheduled
Commercial Banks (excluding RRBs)

Dear Sir,

Relaxation to trade and industry in the State of Jammu and Kashmir

Please refer to our circular DBOD.No.BP.BC.69/21.04.012/2005-2006 dated 16^th March 2006 extending the period of concessions/credit relaxations to borrowers / customers in Jammu and Kashmir up to 31 March 2007. It has been decided that the concessions/credit relaxations to borrowers/customers in the state of Jammu & Kashmir as laid down in our Circular No. DBOD.No.BP.BC.77/21.04.012/2003-2004 dated 21st April 2004 will continue to be operative for a further period of one year i.e. up to 31 March 2008.

2. Suitable instructions may please be issued to your controlling / branch offices in this regard.

Yours faithfully,

(P.R. Ravi Mohan)
General Manager