HomeCirculars › RBI/2007-08/273

RBI Extends NPA Norm Relief for Tier I UCBs Till March 2009

No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2007-08/273 · issued 02 Apr 2008 · ~2 min read
Quick answerRBI has extended the 180-day NPA classification norm for Tier I Urban Co-operative Banks by one more year, up to March 31, 2009. The 12-month period for moving substandard assets to doubtful category is now effective from April 1, 2009.

What changed

The 180-day loan delinquency norm for classifying NPAs, previously extended to March 31, 2008, has been further extended to March 31, 2009 for Tier I UCBs. Additionally, the 12-month period for classifying substandard assets as doubtful, originally set for April 1, 2008, has been deferred to April 1, 2009.

What it means for you

Tier I UCBs get additional breathing room to manage stressed assets without immediate NPA classification, reducing provisioning pressure. This extension helps smaller urban co-operative banks align their recovery processes with the relaxed timeline, but they must prepare for stricter norms from April 2009.

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 Primary (Urban) Co-operative Banks classified as Tier I, Chief Executive Officers of Tier I UCBs, Credit and risk management departments of Tier I UCBs

❓ 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 deadline for the 180-day NPA norm for Tier I UCBs?

The 180-day loan delinquency norm for classifying an asset as NPA has been extended to March 31, 2009 for Tier I UCBs.

When does the 12-month period for substandard to doubtful classification become effective?

The 12-month period for moving substandard assets to the doubtful category will now be effective from April 1, 2009, instead of April 1, 2008.

Which circular defines the classification of Tier I UCBs for this purpose?

The classification is as per circular UBD (PCB).Cir.No.35/09.20.001/07-08 dated March 7, 2008.

📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
Repealed by RBI/2025-26/100 — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
RBI’s words: “Official withdrawal register entry #2278: UBD.PCB.Cir No.38/09.14.000/2007-08 — "Income Recognition, Asset Classification and Provisioning Norms - UCBs" dated April 2, 2008”
📜 Read the original circular — full text as issued by RBI
RBI/2007-08/273 UBD. PCB.Cir No. 38 / 09.14.000/ 2007-08 April 2, 2008 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam, Income recognition, asset classification and provisioning norms-UCBs Please refer to our circular  UBD. PCB. Cir No. 38/ 09.14.000/ 2006-07 dated April 30, 2007  on the above subject wherein  inter alia  the 180 day loan delinquency norm for NPAs was extended by one year i.e. up to March 31, 2008 for Tier I UCBs.  Further, for Tier I banks the 12-month period for classification of a substandard asset in doubtful category was made effective from April 1, 2008 . 2. We have been receiving representations from UCBs and their federations for further extension of the cut-off date and on a review it has been decided that the 180 day loan delinquency norm for NPAs may be extended by one more year i.e. up to March 31, 2009 for Tier I UCBs. It has also been decided that the 12-month period for classification of a substandard asset in doubtful category by Tier I banks may be made effective from April 1, 2009 instead of April 1, 2008 . 3. The classification of Tier I UCBs for the above purpose shall be as defined vide our circular  UBD (PCB).Cir.No.35 /09.20.001/07-08 dated March 7, 2008 . Yours faithfully, (A.K Khound) Chief General Manager-in-charge
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2007-08/273 · issued 02 Apr 2008. The plain-English explanation above is BankPulse’s own independent summary.
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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=4095&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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