Please refer to OSED Circular Letter No. 01 dated January 01, 2010.
2. Keeping in view the implementation of information technology based banking solutions and improved data processes at banks/DFIs, it has been decided to rationalize the quarterly data submission timelines w.e.f. December 31, 2014. The banks/DFIs will upload their quarterly data through DAP4 within 14 working days from the end of each calendar quarter instead of 18 working days.
3. The banks/DFIs are advised to take measures for continuous improvement of their database management system to further reduce the data processing and submission timelines in future.
4. The late/non-submission of the data within revised timelines will attract punitive action under the relevant provisions of the Banking Companies Ordinance, 1962.
5. All other instructions shall, however, remain unchanged.
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