Please
refer to BSD Circular No.18 dated 31st March, 2001
and BSD Circular Letter No.15 dated 13th July,
2001 on the captioned subject.
In
this connection it has been observed that some banks are not
properly following our instructions regarding reporting of
FE-25 deposits in their Weekly Statement of Position and maintenance
of reserves there against.
All
banks/NBFIs are, therefore, once again reminded to report
figures of FE-25 deposits in their Weekly Statement of Position
upto three decimal points after a million. For instance amounts
of US$ 10,500,600/- and US$ 10,500,450/- would be reported
as US$ 10.501 million and US$ 10.500 million respectively
and the 5% Cash Reserve Account & 20% Special Cash Reserve
Account should invariably be maintained in accordance with
this reported amount.
Please
acknowledge receipt.
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