RBI/2011-12/132
DBOD.No.BP.BC. 25 /21.04.012/2011-12
July 28, 2011
The Chairmen & Managing Directors/
Chief Executive Officers of
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Dear Sir,
Relaxation to Trade and Industry in the State of Jammu & Kashmir
Please refer to our circular DBOD.No.BP.BC.100/21.04.012/2009-10 dated April 29, 2010 extending the period of concessions/credit relaxations to borrowers / customers in Jammu & Kashmir up to 31 March 2011. It has been decided that the concessions/credit relaxations to borrowers/customers in the State of Jammu & Kashmir, as laid down in our Circular No. DBOD.No.BP.BC.77/21.04.012/2003-2004 dated April 21, 2004, will continue to be operative for a further period of one year, i.e., up to March 31, 2012.
2. Suitable instructions may please be issued to your controlling / branch offices in this regard.
Yours faithfully,
(Deepak Singhal)
Chief General Manager
