No.DS.PCB.CIR. 52 /13.01.00/2001-02 June 24 2002
Jyestha 1924(S) All Primary (Urban) Co-operative Banks Dear Sir/Madam Reporting of Call Money Transactions Please refer to paragraph 2(i)(a) of our circular UBD.No.DS.PCB.Cir.31/13.01.00/2001-02 dated 16 February 2002 advising all urban co-operative banks to report on daily basis the details of amount borrowed from call/notice money market to the Adviser-in-Charge, Monetary Policy Department, Reserve Bank of India, Central Office, Mumbai by fax. 2. On a review it has been decided that since the urban co-operative banks are required to send fortnightly returns to our Monetary Policy Department, you need not send daily report in case you do not have any call/notice money market transactions on that day. 3. Other instructions contained in our above circular remain unchanged. 4. Please acknowledge receipt to the concerned Regional Office. Yours faithfully, (Sudarshan Sen)
General Manager |