October 23, 2012
The Chairmen & Managing Directors/Chief Executive Officers ofAll Scheduled Commercial Banks(excluding Regional Rural Banks)
Dear Sir/ Madam,
Relaxation to Trade and Industry in the State of Jammu & Kashmir
Please refer to our circular DBOD.No.BP.BC.25/21.04.012/2011-12 dated July 28, 2011 extending the period of concessions/ credit relaxations to borrowers / customers in Jammu & Kashmir up to 31 March 2012. It has been decided that the concessions / credit relaxations to borrowers / customers in the State of Jammu & Kashmir, as laid down in our Circular No. DBOD.No.BP.BC.77/21.04.012/2003-2004 dated April 21, 2004, will continue to be operative up to March 31, 2014.
2. Suitable instructions may please be issued to your controlling / branch offices in this regard.
(Deepak Singhal)Chief General Manager-in-Charge