RESERVE BANK OF INDIA
DBOD.No.BP.BC.9 /21.04.048/2012-13 July 2, 2012
All Commercial Banks (excluding RRBs)
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.12/21.04.048/2011-12 dated July 1, 2011 consolidating instructions / guidelines issued to banks till June 30, 2011 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, 2012 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.
Chief General Manager-in-Charge