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DBOD.No.BC.DL.109/20.16.002/98-99 November 18, 1998 The Chairmen/Chief Executive
Officers All Scheduled Commercial Banks and Notified Financial Institutions Dear Sir, Disclosure of information
regarding defaulting borrowers - Publication of list of suit-filed accounts
of Rs. 1 crore and above Please refer to paragraph
2(iii) of our circular letter DBOD No. BC/CIS/47/20.16.002/94 dated 23 April
1994 wherein it is mentioned that based on the information collected, RBI will
be publishing every year in a booklet form the list of suit-filed accounts
and also an update of the list half-yearly. For the purpose, a proforma was
given in Annexure I to our circular DBOD No. BC. CIS (D) No.
135/20.16.002/95-96 dated 24 November 1995. 2. On a review, it has since
been decided that RBI will publish only the above list as on 31 March every
year and it will not prepare half-yearly update. Accordingly, you need not
submit to us the statement of suit filed accounts as on 30 September. You
may, however, continue to submit the above statement as on 31 March each
year, in duplicate, giving complete information as required in the proforma
mentioned above. Yours faithfully, (J.G. Gupta) Deputy General Manager |