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FSC.BC.120/24.01.011/2000-01May 12, 2001ToAll Scheduled Commercial Banks (excluding RRBs)Dear Sir,Credit Card business of banksA special study on credit card business of certain banks covering aspects relating to the systems and controls on issue of credit cards and recovery of dues thereunder, was undertaken by us. The study report was circulated to banks for their comments and suggestions. Based on the response received from banks, it has been decided that banks sho

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RPCD.CO.No.RF.BC.59/07.28.01/2000-2001 February 27, 2001 All State and Central Co-operative Banks / Regional Rural Banks Dear Sir, Payment of Balance in Account of the Deceased Customers to Legal Survivors / Claimants Please refer to our circular No.RF.BC.09/07.38.01/2000-2001 dated 22 August 2000. 2. In this connection, we clarify that in regard to payment of balances in the accounts of the deceased customers to survivors / claimants the banks may call for succession

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