RBI Master Circular-Credit Facilities to Minority Communities
Reserve Bank of India
RBI/2017-2018/6
FIDD.GSSD.BC.No.05/09.10.01/2017-18
July 01, 2017
The Chairman/ Managing Director
All Scheduled Commercial Banks
(Excluding RRBs and Foreign banks with less than 20 branches)
Dear Sir,
Please refer to our Master Circular FIDD.GSSD.BC.No.01/09.10.01/2016-17 dated July 01, 2016 (Updated as on September 29, 2016), consolidating the instructions / guidelines / directives issued to banks till that date relating to Credit Facilities to Minority Communities. The Master Circular has been suitably updated by incorporating the instructions issued up to June 30, 2017 and has been placed on the RBI website (https://www.rbi.org.in).
Yours faithfully,
(Ajay Kumar Misra)
Chief General Manager
Encls: As above
Authors Note:
Contents of the Master Circular are as under:
Annexure
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Where belief of escapement of income as per reasons recorded fails no other addition can be made by the AO…
Date of dispatch of Speed Post of duly verified ITR-V shall be considered for the purpose of determination of 30…
Cash deposited in bank before giving unsecured loan. The addition if at all can be made u/s 69A in the…