Prudential Guidelines on Restructuring of Advances by UCBs. - ଆରବିଆଇ - Reserve Bank of India
Prudential Guidelines on Restructuring of Advances by UCBs.
RBI/2008-09/403 |
UBD.PCB. BPD. No. 53 /13.05.000 / 2008-09 |
March 6 , 2009
|
The Chief Executive Officer of all |
Dear Sir / Madam, |
Prudential Guidelines on Restructuring of Advances by UCBs. |
Please refer to the prudential guidelines on income recognition, asset classification and provisioning in respect of restructured accounts issued to Urban Cooperative Banks on November 12, 2001. As part of announcement made by the Hon’ble Finance Minister in 2005, separate guidelines were also issued for restructuring of debt of all eligible Small and Medium Enterprises (SMEs) in order to improve the flow of credit to the small scale sector. |
Yours faithfully, |
(A.K Khound) |
Encls: As Above. |