Maintenance of directed investments by RNBCs- Clarification - RBI - Reserve Bank of India
55327750
Published on
April 04, 2006
Maintenance of directed investments by RNBCs- Clarification
RBI/2005-06/348
DNBS (PD) CC.No. 66 / 04.18.001 /2005-06
April 04, 2006
To
Residuary Non-Banking Companies (RNBCs)
Dear Sirs,
Maintenance of directed investments by RNBCs- Clarification
Please refer to Circular No.: DNBS (PD) CC.No.65/04.18.001/2005-06 dated March 31, 2006 on the captioned subject.
2.In the above circular paragraph 5 (c) the words in brackets "i.e. incremental ALD" may be omitted.
Yours faithfully,
(P. Krishnamurthy)
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