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 (Rs.crore)	Range of Interest Rates (% p.a.)	Weighted Average Interest Rates (% p.a.)	Amount (Rs.crore)	Range of Interest Rates (% p.a.)	Weighted Average Interest Rates (% p.a.)
	i) Overnight 2-14 days 15 days and above

 

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Authorised Signatories
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