RBI/2008-2009/30
DBS.CO.FrMC.BC..No.
16/23.04.001/2008-09 July
01, 2008 The Chief Executives of all
Primary (Urban)
Co-operative Banks Dear Sir, Frauds
– Classification and Reporting Please refer to our
letter DBS.CO.
FrMC BC No. 2 /23.04.001/2007-08 dated July 02, 2007 forwarding therewith
Master Circular on 'Frauds – Classification & Reporting'. It may be noted
that the Master Circular consolidates and updates all the instructions issued
during the year since the date of the last Master Circular dated July 02, 2007.
The Master Circular also incorporates instructions contained in certain clarifications
issued by RBI to banks during the course of the year. The Master
Circular has been updated as on June 30, 2008 and has been placed on the web-site
of the Reserve Bank of India (www.rbi.org.in).
Yours faithfully, (P. K. Panda)
Chief
General Manager |
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