RBI

RBI Master Circular-Credit Facilities to Minority Communities

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,

Master Circular- Credit Facilities to Minority Communities

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:

1. Credit Facilities to Minority Communities
2. Definition of Minority Communities
3. Creation of Special Cell and Designating an exclusive Officer
4. Advances under DRI Scheme
5. Monitoring
6. Training
7 Publicity
8. National Minorities Development and Finance Corporation (NMDFC)
9 Prime Minister’s 15 Point Programme for the Welfare of Minorities

Annexure

List of 121 Minority Concentration Districts

Share

Recent Posts

  • Income Tax

Wrong penalty section in Assessment order can be rectified being mistake apparent on record

Wrong penalty section mentioned in Assessment order can be rectified being mistake apparent on record when there is no debate…

11 minutes ago
  • Income Tax

All business Income not qualify for deduction u/s 36(1)(viii) unless derived from long-term finance

Even if a receipt is classified as Business Income u/s 28, it does not automatically qualify for the special deduction…

2 hours ago
  • Income Tax

Just because log book not maintained does not mean vehicles used for personal purposes

Just because log book was not maintained does not mean that vehicles were used for personal purposes by the Trustee…

6 hours ago
  • Income Tax

No addition can be made on grounds other than reasons to believe recorded u/s 148

Where belief of escapement of income as per reasons recorded fails no other addition can be made by the AO…

8 hours ago
  • Income Tax

Date of dispatch of Speed Post of verified ITR-V relevant for determining 30 days period

Date of dispatch of Speed Post of duly verified ITR-V shall be considered for the purpose of determination of 30…

23 hours ago
  • Income Tax

Cash deposit before giving unsecured loan-Addition in hands of loan creditor or receiver?

Cash deposited in bank before giving unsecured loan. The addition if at all can be made u/s 69A in the…

1 day ago