Please
refer to BPD Circular No. 29 dated October 15, 2002 regarding
guidelines on write-off of irrecoverable loans and advances.
2. All the Banks/DFIs
are advised to submit status of cases being settled under
captioned guidelines on monthly basis to Banking Policy Department
as per performa enclosed at Annexure-I. The first status report
for the month ended on December 31, 2002 should be furnished
by January 25, 2003 positively and thereafter within 7 days
from the end of reporting month till the expiry of scheme.
3.
Please acknowledge receipt.
|