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DBOD.No. BC.58/24.91.001/98 June 12, 1998 All Commercial Banks |
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(excluding Regional Rural Banks) Dear
Sir, Permission to participate in Call/Notice Money Market and Bills
Rediscounting Scheme - Private Sector Mutual Funds Please
refer to our circular DBOD No. FSC. BC. 68/24.91.001-95 dated 27th June 1995
in terms of which ICICI Mutual Fund, was permitted access in the call/notice
money/bills rediscounting market as lender. With the change in name of ICICI
Mutual Fund to Prudential ICICI Mutual Fund, it is advised that Prudential
ICICI Mutual Fund is permitted to participate, only as a lender, in the
Call/Notice Money Market (overnight call money and short notice money for
period upto and including 14 days) and Bills Rediscounting Scheme. Yours
faithfully (Shyamala Gopinath) Additional
Chief General Manager |