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Date: 08-12-2008
Notification No: RBI/2008-2009/313 DBOD.No.BP.BC.94 /08.12.001/2008-09
Issuing Authority: RBI  
Type: Master Circular
File No: RBI/2008-2009/313
Subject: Lending under Consortium Arrangement / Multiple Banking Arrangements

RBI/2008-2009/313
DBOD.No.BP.BC.94 /08.12.001/2008-09

December 08, 2008

The Chairman & Managing Directors /
Chief Executive Officers of
All Scheduled Commercial Banks
(Excluding RRBs and LABs)

Dear Sir,

Lending under Consortium Arrangement / Multiple Banking Arrangements

Please refer to our circular RBI/2008-2009/183/DBOD.No.BP.BC.46/08.12.001/2008- 09 dated September 19, 2008 on the captioned subject.

  1. The formats for declaration of information by the borrower at the time of applying for a credit facility to a bank (Annex I) and the format for exchange of information among the banks in respect of borrowers enjoying credit facilities from more than one bank (Annex II), enclosed to the aforesaid circular have been revised to reflect information relating to the derivatives transactions entered into by banks with the borrowers and the unhedged foreign currency exposures of the borrowers.

  2. Banks are advised to use the revised formats with immediate effect.

Yours faithfully,
(Prashant Saran)
Chief General Manager-in-Charge

       

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