Dear Sirs/ Madam,

Submission of Capital Adequacy Returns By Microfinance Banks

This refers to Prudential Regulations No. 4 and 27 for Microfinance Banks.

2. Microfinance Banks are advised to report their quarterly un-audited Capital Adequacy returns to the Banking Surveillance Department as per the reporting format prescribed in Annexure-A of Prudential Regulation No. 4 for Microfinance Banks, within 18 working days of the end of each calendar quarter. The first such statement for the quarter ended December 2011 should be sent by 29th February, 2012.

3. You are also required to submit the annual audited Capital Adequacy returns within three months of the end of each calendar year.

4. All other instructions on the subject shall however remain unchanged.

Please acknowledge receipt.