AIFIs – Provisioning Coverage for Advances
RBI/2009-2010/248
DBOD. No. FID. FIC. 6 / 01.02.00/ 2009-10
December 8, 2009
The CEOs of the Select All-India Term-lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Second Quarter Review of Monetary Policy for the year 2009-10
Provisioning Coverage for Advances
Please find enclosed Circular DBOD.No.BP.BC.64/21.04.048/2009-10 dated December 1, 2009 on the above subject. In this connection, it is advised that the above guidelines issued to banks, shall mutatis mutandis apply to the select All-India Financial Institutions (AIFIs).
Yours faithfully,
(Vinay Baijal)
Chief General Manager
Encls : As above
CAclubindia
shiv Shankar
Published in Community & General