image

Revised Reporting System for Priority Sector Lending

RBI/2012-13/364
RPCD.CO.Plan. BC 56/04.09.01/2012-13

January 07, 2013

The Chairman/ Managing Director/
Chief Executive Officer
[All scheduled commercial banks
(excluding Regional Rural Banks)]

Madam/Dear Sir,

Priority Sector Lending – Revised Reporting System

Please refer to the revised priority sector guidelines issued vide circular RPCD.CO. Plan. BC.13/04.09.01/2012-13 dated July 20, 2012 wherein it was advised that separate guidelines relating to priority sector data reporting system will be issued in due course. Accordingly, based on the discussions with stakeholders, it has been decided to rationalize the monthly, quarterly and yearly statements on priority sector in supersession of our circulars RPCD.No.Plan.BC. 21/04.09.01/2007-08 dated September 3, 2007 and RPCD.CO.Plan. BC.11/ 04.09.01/2011-12 dated July 13, 2011.

2. It has also been decided to discontinue the following statements with effect from April 01, 2013:

Name of the return/statement

Description

Periodicity

Special Return I Disbursal and outstanding of direct agricultural advances Yearly. Last reporting Friday of June
Special Return III Disbursal of priority sector advances Yearly. Last reporting Friday of June
Outstanding credit to Medium Enterprises Outstanding credit to Medium Enterprises Quarterly
Education & Housing Loan Outstanding amount & number of accounts to Education & Housing Loan Quarterly

3.  The banks are, therefore, requested to furnish data on priority sector advances, as mentioned above, in the enclosed revised formats. The revised monthly, quarterly and yearly statements should be furnished to Rural Planning and Credit Department, Central Office, Statistics Division, 10th Floor, New Central Office Building, Shahid Bhagat Singh Marg, Mumbai 400 001, within five days, fifteen days and one month, respectively from the reference date starting from December 2012 for monthly and quarterly statements and March 2013 for the yearly one.

Yours faithfully,

(T V Rao)
Deputy General Manager

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates