Accounting of subsidy amount under SJSRY

RPCD. SP. BC NO. 66 / 09.16.01 /2001-02March 07, 2002The Chairman / Managing Director,All Indian Scheduled Commercial Banks,(Except RRBs)Dear Sir, Accounting of subsidy amount under SJSRYPlease refer to our circular No. RPCD. SP. BC. 100/ 09.16.01/ 98-99 dated May 29, 1999, wherein banks were advised that the subsidy amount under USEP/DWCUA component of SJSRY is to be treated as back ended subsidy. Some banks have been seeking clarifications in regard to accounting pr

RPCD. SP. BC NO. 66 / 09.16.01 /2001-02March 07, 2002The Chairman / Managing Director,All Indian Scheduled Commercial Banks,(Except RRBs)Dear Sir, Accounting of subsidy amount under SJSRYPlease refer to our circular No. RPCD. SP. BC. 100/ 09.16.01/ 98-99 dated May 29, 1999, wherein banks were advised that the subsidy amount under USEP/DWCUA component of SJSRY is to be treated as back ended subsidy. Some banks have been seeking clarifications in regard to accounting pr

Accounting of subsidy amount under SJSRY

Interest rates on advances

DS. PCB. CIR 32 /13.04.00/2001-0202 March 2002The Chief Executive Officers, All Primary(Urban) Co-operative Banks.Dear Sir/Madam,Interest rates on advancesPlease refer to our circular No. DS.PCB.CIR 64/13.04.00/1994-95 dated 20 June 1995 forwarding therewith directive UBD No. DS.PCB.DIR 19/13.04.00/1994-95 of the same date prescribing Minimum Lending Rate (MLR) of 13% per annum. 2. Recently, a number of urban co-operative banks and their Federations have represented t

DS. PCB. CIR 32 /13.04.00/2001-0202 March 2002The Chief Executive Officers, All Primary(Urban) Co-operative Banks.Dear Sir/Madam,Interest rates on advancesPlease refer to our circular No. DS.PCB.CIR 64/13.04.00/1994-95 dated 20 June 1995 forwarding therewith directive UBD No. DS.PCB.DIR 19/13.04.00/1994-95 of the same date prescribing Minimum Lending Rate (MLR) of 13% per annum. 2. Recently, a number of urban co-operative banks and their Federations have represented t

Interest rates on advances

Special Financial Package for large value
exports - Rupee credit interest rates

RESERVE BANK OF INDIAINDUSTRIAL & EXPORT CREDIT DEPARTMENTCENTRAL OFFICE,CENTRAL OFFICE BUILDING,POST BAG - 10030,MUMBAI - 400 001IECD.No.12 /04.02.01/2001-2002November 22, 2001The Chairmen/Chief Executives of all commercial banksDear Sir Special Financial Package for large valueexports - Rupee credit interest ratesPlease refer to our circular IECD.No.5/04.02.01/2001-2002 dated September 24, 2001. It has been decided in consultation with Government of India to inc

RESERVE BANK OF INDIAINDUSTRIAL & EXPORT CREDIT DEPARTMENTCENTRAL OFFICE,CENTRAL OFFICE BUILDING,POST BAG - 10030,MUMBAI - 400 001IECD.No.12 /04.02.01/2001-2002November 22, 2001The Chairmen/Chief Executives of all commercial banksDear Sir Special Financial Package for large valueexports - Rupee credit interest ratesPlease refer to our circular IECD.No.5/04.02.01/2001-2002 dated September 24, 2001. It has been decided in consultation with Government of India to inc

Special Financial Package for large value exports - Rupee credit interest rates

Special Financial Package for large value exports -
Rupee credit interest rates

IECD.No.5/04.02.01/2001-2002 September 24, 2001The Chairmen/Chief Executives of all commercial banksDear Sir, Rupee credit interest ratesPlease refer to our circular IECD.No.4/04.02.01/2001-02 dated September 24, 2001 on rupee export credit interest rates. We have received representations that large export projects in India are in need of bank credit for an extended period at internationally competitive terms. The issue has been examined in the light of export competi

IECD.No.5/04.02.01/2001-2002 September 24, 2001The Chairmen/Chief Executives of all commercial banksDear Sir, Rupee credit interest ratesPlease refer to our circular IECD.No.4/04.02.01/2001-02 dated September 24, 2001 on rupee export credit interest rates. We have received representations that large export projects in India are in need of bank credit for an extended period at internationally competitive terms. The issue has been examined in the light of export competi

Special Financial Package for large value exports - Rupee credit interest rates