Banks' Exposure to Capital Market Loans extended by banks to MFs and Issue of IPCs
RBI/2009-10/514
DBOD.Dir.BC.116 /13.03.00/2009-10
June 30, 2010
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir / Madam
Banks' Exposure to Capital Market
Loans extended by banks to Mutual Funds and
Issue of Irrevocable Payment Commitments (IPCs)
Please refer to ourcircular No.DBOD.Dir.BC.66/13.03.00/2009-10 dated December 23, 2009, in terms of which the transition period allowed to banks
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Notification No : DBOD.Dir.BC.116 /13.03.00/2009-10Published in Community & General