2 May 2005

The Chairmen of all Scheduled
Commercial Banks (excluding RRBs)

Dear Sir,

Please refer to our circular DBOD.No.BP.BC.77/21.04.012/2003-2004 dated 21st April 2004 extending the period of concessions/credit relaxations to borrowers/customers in Jammu and Kashmir up to 31 March 2005. 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. upto 31 March 2006.

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

3. Please acknowledge receipt.

Yours faithfully,

Sd/-
(Anand Sinha)
Chief General Manager-in-Charge