RBI/2004/244 RPCD. Plan. BC. 49 /04.09.01/2004-05 October 26, 2004 The Chairman / Managing Director (Public Sector Banks) Dear Sir/ Madam, Data on Priority Sector Advances – Agricultural Lending As you are aware, the scheduled commercial banks are required to achieve a target of 18 per cent of net bank credit (NBC) towards lending to agriculture. The agriculture lending by public sector banks was recently reviewed by the Prime Minister. He desired that all public sect

REF: No. MPD. BC.244/07.01.279/ 2003-04 November 5, 2003Kartika 14, 1925(S)To All Primary DealersDear Sirs,Primary Dealers' Access to Call/Notice Money MarketPlease refer to Paragraphs 62 and 63 of the Governor’s statement on Mid-term Review of Monetary and Credit Policy for the year 2003-04 enclosed with his letter No. MPD. BC.241/07.01.279/2003-04 dated November 3, 2003 (copy of the paragraphs enclosed). 2. It may be recalled that following the annual policy Stateme

IDMC.No.PDRS/ 4240 /10.02.01/2001-02March 26, 2002All Primary Dealers and Satellite Dealersin the Government Securities MarketDear Sirs,Ready Forward ContractsIn terms of the Notification No.S.O.185 (E) dated 1st March 2000 issued by Reserve Bank of India under powers derived under section 29A of the Securities Contracts (Regulation) Act, 1956, ready forward contracts in all Government Securities put through Subsidiary General Accounts with Reserve Bank of India, in a