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RBI Extend the concessions/credit relaxations to borrowers/customers in the State of Jammu & Kashmir till March 2011

Apr-30th-2010

 

RBI issued a notification on Thursday, 29th April 2010, regarding Relaxation to Trade and Industry in the State of Jammu & Kashmir, Key points of notification are as follows:

Relaxation to Trade and Industry in the State of Jammu & Kashmir

Please refer to our circular DBOD.No.BP.BC.135/21.04.012/2008-2009 dated May 26, 2009 extending the period of concessions/ credit relaxations to borrowers/customers in Jammu & Kashmir up to 31 March 2010. It has been decided that the concessions/credit relaxations to borrowers/customers in the State of Jammu & Kashmir, as laid down in our Circular No. DBOD.No.BP.BC.77/21.04.012/2003-2004 dated April 21, 2004, will continue to be operative for a further period of one year, i.e., up to March 31, 2011.

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