RBI/ 2004-05/ 61
UBD. No. PCB. Cir. 5 / 16.20.00
/ 2004-05
July 22, 2004
The Chief Executive Officers of
all Primary (Urban) Co-operative Banks
Dear Sir,
List of All India Financial Institutions
Please refer to para b,8(i) and
Appendix-
II of our circular UBD. No. BPD.
PCB. Cir. 45/ 16.20.00/ 2003-04 dated April 15, 2004 wherein Urban Co-operative
Banks were advised that they can invest in bonds / equity of All India Financial
Institutions, subject to the limits prescribed in para 8 (ii) and (iii) thereof.
2. In this connection, we advise
having drawn up a fresh list of institutions, and advise that the UCBs can invest
in the bonds/equity of these institutions subject to the various limits prescribed
in the aforesaid circular. We forward herewith the revised list and advise that
all other terms and conditions stated in our guidelines on Investment in non-SLR
debt securities by Primary (Urban) Co-operative Banks remain unchanged.
3. Please acknowledge receipt to
our concerned Regional Office.