RBI/2009-10/118
DBOD.No.BP.BC. 29 / 21.06.001 / 2009-10 

August 12,  2009

All Commercial Banks
(excluding Local Area Banks and Regional Rural Banks)

Dear Sir, 

Prudential Guidelines on Capital Adequacy and Market Discipline –
Implementation of the New Capital Adequacy Framework (NCAF)

Please refer to our Master Circular DBOD.No.BP.BC.21 / 21.06.001 / 2009-10 dated July 1, 2009 on the captioned subject.
 
2.  In terms of instructions contained vide paragraph 10.7 and 11.3.4  therein,  banks have been advised to furnish a copy of the ‘Internal Capital Adequacy Assessment Process’ (ICAAP) document  to the Chief General Manager-in-Charge,  Department of Banking Supervision, Reserve Bank of India, World Trade Centre, Centre - 1, Colaba, Cuffe Parade, Mumbai – 400005 by the end of March every year. 

3. On a review, it has been decided that banks may submit their ICAAP document latest by the end of first quarter (i.e April – June) of the relevant financial year.
  
 
Yours faithfully,

(B Mahapatra)
Chief General Manager