RBI/2010-11/74
DBOD.No.BP.BC.21 /21.04.048/2010-11
July 1, 2010
All Commercial Banks (excluding RRBs)
Dear Sir
Master Circular - Prudential Norms on Income
Recognition, Asset Classification and Provisioning pertaining to Advances
Please refer to the Master Circular No. DBOD.No.BP.BC. 17/21.04.048/2009-10
dated July 1, 2009 consolidating instructions / guidelines issued to banks till
June 30, 2009 on matters relating to prudential norms on income recognition,
asset classification and provisioning pertaining to advances.
2. The Master Circular has now been suitably updated by incorporating
instructions issued up to June 30, 2010 and is attached. It has also been placed
on the RBI web-site (http://www.rbi.org.in). We advise that this revised Master
Circular consolidates the instructions contained in the circulars listed in the
Annex 9.
Yours faithfully
(B. Mahapatra)
Chief General Manager-in- Charge