RBI /2004-05/453
UBD. No. BPD. IP.Cir 46 / 12.03.00 / 2004- 05
May 4, 2005
The Chief Executive Officers of all Primary
(Urban) Co-operative Banks
Dear Sir,
Frauds - Classification and Reporting
Please refer to our Master
Circular No. BSD. IP. 15 /12.03.00 / 2003 -04 dated September 19, 2003 and
amended Circular Ref. No. UBD. CO. BPD. IP cir. 4/12.05.01/2004-05 dated July
15, 2004 on the captioned subject. In terms of paragraph 5.1 (iii) of the Master
Circular primary (urban) co-operative banks are required to furnish to Reserve
Bank of India a quarterly statement in Form
III giving the consolidated position of frauds outstanding at the end of
every quarter. You are advised that from the quarter ended March 2005, you may
forward in this statement a footnote detailing the position of frauds outstanding
in the Housing Loan segment. The revised proforma of form
III is annexed hereto.
2. Please acknowledge receipt of this circular
to the Regional Office of Urban Banks Department concerned.
Yours faithfully,
(A.K.Khound)
General Manager
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