RBI /2004-05/ 190 RPCD.PLNFS.BC. No. 35 / 09.04.01 /2004-2005 September 24, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, PMRY – Cut off date for Completion of disbursement for the programme year 2003 –2004 – extended to 15.11.2004. In view of the large number of cases remaining undisbursed by banks, it has been decided by the Govt. of India to extend the cut off date for completion of disbursement for the cases

RBI/2004-05/178 RPCD. Plan. BC. No. 33 /04.09.01/2004-05 September 15, 2004 The Chairman/ Managing Director/ Chief Executive Officer (All scheduled commercial banks) Dear Sir, Priority Sector Lending – Classification of advances It has come to our notice that some banks have been classifying the advances to food and agro-based processing sector units, whose investment in plant & machinery is above Rs. 5 crore, as also housing loans exceeding Rs. 10 lakh, under pri

RBI/2004-05/174 RPCD.RF.BC.No.32/07.02.05/2004-05 September 11, 2004 Bhadra 20, 1926(Saka) All Scheduled State Co-operative Banks/Regional Rural Banks Section 42(1) of the Reserve Bank of India Act, 1934 – Maintenance of Cash Reserve Ratio(CRR) Please refer to our circulars RPCD.No.RF.BC49/07.02.05/2001-02 dated December 31, 2001 (addressed to all Scheduled State Co-operative Banks), RPCD.No.RF.BC50/07.02.05/2001-02 dated December 31, 2001 (addressed to all Regional R

RBI/ 2004-05/ 162 RPCD/PLNFS/BC.28 /06.02.31(WG)2004-05 September 4, 2004 Chairman/Managing Director (All Scheduled Commercial Banks including RRBs) Dear Sir, Working Group on Flow of Credit to SSI Sector The above Group constituted under the Chairmanship of Dr.A.S.Ganguly had submitted its report to the Reserve Bank of India. While some of the recommendations of the Group need to be examined further, the following recommendations have been accepted and are being forw

RBI /2004-05/145 RPCD.PLNFS.BC. No.22/09.04.06/2004-2005 August 27, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Implementation of PMRY- Modifications in Norms( Himachal Pradesh) Please refer to our earlier circular RPCD.No.SP.BC.26/09.04.01/2001–2002 dated September 19, 2001 regarding the decision of the 11th High Powered Committee on the PMRY that banks having less than 5 branches shall not be allocated target

RBI/2004-05/123RPCD RRB.CO. No.Dir.BC. 16 / 03.05.33/2004-05August 17, 2004All Regional Rural Banks Dear Sir,Before the Supreme Court of India - Interlocutory Application Nos. 9, 20 & 28 – In Transfer Case No. 2 of 2004-P(C) No. 696/2002 and I.A.No. 1 in T.C. 68/2003 – The Securities and Exchange Board of India etc. vs. The Golden Forest (I) Ltd. etc.The Hon’ble Supreme Court of India, by its order dated July 28, 2004, has passed orders disallowing withdrawal

RBI/2004-05/124RPCD RRB.CO. No.Dir.BC. 17 / 07.02.12 / 2004-05August 17, 2004All State Co-operative Banks and District Central Co-operative Banks  Dear Sir,Before the Supreme Court of India - Interlocutory Application Nos. 9, 20 & 28 – In Transfer Case No. 2 of 2004-P(C) No. 696/2002 and I.A.No. 1 in T.C. 68/2003 – The Securities and Exchange Board of India etc. vs. The Golden Forest (I) Ltd. etc.The Hon’ble Supreme Court of India, by its order dated July 28,

RBI/2004-05/ 127 RPCD.CO.RF.BC.No.19/07.02.03/2004-05 August 17, 2004 All State Co-operative Banks and District Central Co-operative Banks Dear Sir, Investment of surplus funds by State/Central Co-operative Banks- All India Financial Institutions Please refer to our circular RPCD.RF.No.BC. 29/07.02.03/2001-02 dated September 25, 2001 on the above subject. 2. In this connection, we advise having drawn up a fresh list of All India Financial Institutions (AIFI) (copy enc

RBI/2004-05/102 RPCD.No.RRB.BC.15/03.05.34/2004-05. August 6, 2004 All Regional Rural Banks Dear Sir, Annual Policy Statement for the year 2004-05: Additional Provisioning Requirement for NPAs At present, banks are required to make provisions on NPAs on a graded scale based on the age of the NPA. However, in respect of NPAs included in 'doubtful for more than three years' category, the provisioning requirement on the secured portion remains unchanged at 50 per cent, i

RBI/2004-05/82 RPCD.PLNFS. BC. No. 13/ 09.04.06 /2004-2005 July 30, 2004 The Chairman/ Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, Inclusion of Self Help Groups under the PMRY Please refer to our earlier circular RPCD.No.BC. 50/09.04.01/2003–2004 dated December 08, 2003 on the above subject. 2. As per decision of the meeting held on 28.05.2004 under the chairmanship of Secretary (SSI&ARI), Government of India, following modif