Daily Return on Reciprocal Line Facility - ఆర్బిఐ - Reserve Bank of India
Daily Return on Reciprocal Line Facility
Ref.No.MPD.BC.229/07.01.279/2002-03
January 13, 2003
Pausha 23, 1924 (S)
To
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Dear Sir,
Daily Return on Reciprocal Line Facility
Please refer to our circular No. MPD.BC.225/07.01.279/2002-03 dated November 14, 2002 wherein it was clarified that in order to provide greater flexibility in liquidity management by banks, rupee resources drawn under Reciprocal Line Facility by a foreign bank in India is initially exempted for one year from the prudential limits specified for call/notice money transactions.
2. In order to facilitate monitoring of such operations on Reciprocal Line Facility on a daily basis, you are requested to submit the requisite data in the form of a daily return to Adviser-in-Charge, MPD, RBI by fax No. 2270-0849/ 2270-0850/2265-1685/2269-3204 at the end of each working day as per the format contained in the Annex.
Kindly acknowledge receipt.
Yours faithfully
(Deepak Mohanty)
Adviser
ANNEX
Daily Return on Reciprocal Line Facility
Name of the Bank/Institution : _________________________________
Code No.(As specified by RBI) : _________________________________
Date : _________________________________
1. |
Reciprocal Line Facility |
Borrowed |
Lent |
||||
Amount |
Range |
Weighted Average Interest Rates |
Amount |
Range |
Weighted Average Interest Rates |
||
i) Overnight
|
______________________ |
|
Authorised Signatories |
|
Phone No. : |