HomeCirculars › RBI/2005-06/400

PMRY Milch Animal Disbursement Deadline Extended to Nov 30, 2006

No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2005-06/400 · issued 06 Jun 2006 · ~1 min read
Quick answerRBI extends the cut-off date for completing disbursements under PMRY for purchase of milch animals (Programme Year 2005-2006) from May 31, 2006 to November 30, 2006, as decided by the Ministry of Agro & Rural Industries.

What changed

The earlier cut-off date of May 31, 2006 for disbursement of loans for purchase of milch animals under PMRY for the 2005-2006 programme year has been extended to November 30, 2006. This is a partial modification of the previous circular dated March 24, 2006.

What it means for you

Banks now have an additional six months to process and disburse loans for milch animal purchases under PMRY, reducing pressure on branch staff to meet the earlier deadline. This extension helps ensure more beneficiaries can access the scheme without being rushed, but banks must update their internal systems and communicate the new timeline to all branches.

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

Who it affects

All Indian Scheduled Commercial Banks (excluding RRBs), Branches handling PMRY loans for milch animals, Regional and controlling offices of these banks

❓ Common questions

Regulatory timeline

Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).

What is the new cut-off date for PMRY milch animal disbursements?

The cut-off date has been extended from May 31, 2006 to November 30, 2006 for the Programme Year 2005-2006.

Does this extension apply to all PMRY cases?

No, it applies only to cases related to purchase of milch animals under PMRY for the 2005-2006 programme year.

Which banks are covered by this circular?

All Indian Scheduled Commercial Banks, excluding Regional Rural Banks (RRBs).

📜 Read the original circular — full text as issued by RBI
RBI/2005-06/400 RPCD.PLNFS.BC.No. 88 /09.04.01/ 2005 –2006 June 06, 2006 The Chairman/Managing Director All Indian Scheduled Commercial Banks (Excluding RRBs) Dear Sir, PMRY - Cut-Off date for completion of disbursement for cases relating to purchase of milch animals under the Programme Year 2005 -2006 Please refer to our circular RBI/ 2005-06/336/ RPCD.PLNFS.BC.No.70/09.04.01/ 2005 –2006 dated March 24, 2006 . In partial modification of the circular, the Ministry of Agro & Rural Industries, Govt. of India has since decided to extend the cut-off date for completion of disbursements of those cases of purchase of milch animals under PMRY for the Programme Year 2005-2006 from May 31, 2006 to November 30, 2006. 2. You may issue necessary instructions to your Regional / Controlling Offices/ Branches in this regard. 3. Please acknowledge receipt. Yours faithfully, (Sujatha Elizabeth Prasad) General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2005-06/400 · issued 06 Jun 2006. The plain-English explanation above is BankPulse’s own independent summary.
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