| RBI/2007-2008/153 DBS.CO.SMC.BC.No. 5 /22.23.001/2007-08 October 5, 2007 The Chief Executives of all Scheduled Commercial Banks (excluding foreign banks) Dear Sir Review of loss making branches of banks Please refer to circular DOS.No.BC.11/22.23.001/95-96 dated June 3, 1996 on the captioned subject in terms of which banks were advised to submit copies of review notes of loss making branches of banks accompanied by statements showing the classification of loss making branches category-wise to Reserve Bank of India as at the end of March every year. 2. On a review, we advise that you need not submit the above review/statement to us in future. The circular has been placed on the RBI web-site (http://www.rbi.org.in). Yours faithfully (N. P.Topno) General Manager |
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