July 01, 2008

Chief Executive Officers of
All Primary (Urban) Co-operative Banks 

Dear Sir,

The Reserve Bank of India has been periodically issuing instructions to primary (urban) co-operative banks (PCBs) regarding maintenance of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) and matters related thereto. In order to enable the banks to have all the instructions at one place, a Master Circular incorporating all the currently operative instructions/guidelines on the subject up to June 30, 2008 has been prepared and is enclosed.

2. Please acknowledge receipt of this Master Circular to the Regional Office concerned of this Department.

Yours faithfully,

A.K.Khound
Chief General Manager-in-Charge