No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2004-05/125 · issued 16 Oct 2004 · ~1 min read
Quick answerRBI has revised the monthly progress report format under SGSY to fix data compilation issues. Banks must use the new format from the month ended September 30, 2004, to accurately report applications received, sanctioned, disbursed, and pending.
What changed
RBI introduced a modified monthly format for SGSY progress reports to address difficulties banks faced in compiling and reporting data correctly and uniformly. The new format aims to improve comparability between total applications received and those sanctioned or disbursed. It also captures pending applications with detailed aging buckets.
What it means for you
Banks must adopt the revised SGSY reporting format immediately to ensure accurate and consistent data submission. This change will help RBI and banks better track the scheme's performance and identify bottlenecks in application processing. Lenders need to update their internal reporting systems and train branch staff on the new format.
Historical instruction — do not use for current compliance. This is what was required at the time; it no longer reflects current RBI requirements. If no replacement rule is linked above, that only means none is recorded on our register yet — it does not prove no later applicable rule exists. Confirm on the official RBI source below.
What banks were required to do at the time
Replace the old SGSY monthly format with the enclosed modified format for all reports from the month ended September 30, 2004 onwards.
Who it affects
All Scheduled Commercial Banks (excluding RRBs), Controlling offices and implementing branches handling SGSY loans
❓ Common questions
Regulatory timeline
Decoded by BankPulse2026-06-19 21:52 IST
Status change: withdrawn05 Aug 2026, 04:00 IST
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
Why was the SGSY reporting format changed?
Banks faced difficulties in compiling and reporting data correctly and uniformly under the old format, especially in comparing total applications received with those sanctioned or disbursed. The modified format addresses these issues.
From when should the new format be used?
The modified monthly format must be used for reports from the month ended September 30, 2004 onwards.
What key data points does the new format capture?
It captures cumulative and monthly applications received, sanctioned, disbursed, returned/rejected, and pending applications broken down by aging (less than 1 month, over 1 month, over 3 months, etc.), separately for individuals and SHGs.
📜 Read the original circular — full text as issued by RBI
Circular No. RBI/2004-05 /220
RPCD.SP. BC.No. 41 /09.01.01/2004-05
October 16, 2004
Chairman/ Managing Director
All Scheduled Commercial Banks,
(excluding RRBs)
Dear Sir,
Submission of progress reports under Swarnjayanti Gram Swarozgar Yojana (SGSY)-certain modifications
Please refer to our circular RBI/2004-05/125,Ref RPCD.SP.BC.18/09.01.01/2004-05 dated 17 th August 2004.
2. In view of certain difficulties faced by the banks in compiling/reporting of the data correctly/uniformly and comparison of the data in respect of total applications received vis-à-vis the applications sanctioned/disbursed under the present monthly format submitted under SGSY, a modified monthly format is devised to reflect the correct position in respect of total applications received upto the reporting month and in respect of number of pending applications. The same is enclosed and banks are advised to furnish the data under SGSY in the modified monthly format from month ended September 30, 2004 onwards.
3. You may advise your controlling offices and implementing branches suitably under advice to us.
4. Kindly acknowledge the receipt.
Yours faithfully,
Sd/-
(A.K.Bhandari)
Deputy General Manager
Encl: as above
Swarnjayanti Gram Swarozgar Yojana (SGSY)
Report showing the cumulative position for the month ended………….
Under SGSY
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2004-05/125 · issued 16 Oct 2004. The plain-English explanation above is BankPulse’s own independent summary.
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BankPulse Compliance Evidence Pack — generated 05 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=1975&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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