PMRY Milch Animal Disbursement Deadline Extended to Nov 30, 2007
Current · Source: Reserve Bank of India · RBI/2007-2008/150 · issued 01 Oct 2007 · ~1 min read
Quick answerThe Ministry of Micro, Small & Medium Enterprises extended the cut-off date for disbursing PMRY loans for milch animals under 2006-2007 programme from June 30 to November 30, 2007. RBI communicates this to banks.
The rule, in the simplest words
The last date to give loans for buying milk-giving animals under PMRY is now November 30, 2007, not June 30, 2007.
This change is only for the 2006-2007 programme year and only for milch animal cases.
Banks must tell their branches and offices about this new date and follow it.
The Ministry of Micro, Small & Medium Enterprises decided this, and RBI is communicating it to all banks.
How it plays out — a real example
Rajesh, a branch manager at a public sector bank in rural Maharashtra, has three pending PMRY applications for milch animals. He updates his calendar to ensure disbursements are completed by November 30, 2007, instead of the earlier June deadline, giving him time to process the loans properly.
What changed
The Ministry of Micro, Small & Medium Enterprises extended the disbursement deadline for PMRY milch animal cases from June 30, 2007 to November 30, 2007, partially modifying the earlier circular dated April 10, 2007.
What it means for you
Banks now have until November 30, 2007 to complete loan disbursements for milch animal purchases under PMRY, instead of June 30, 2007.
What you must do
Update internal systems to reflect the new cut-off date of November 30, 2007 for PMRY milch animal disbursements.
Instruct regional and branch offices to prioritize pending milch animal loan cases for disbursement before the extended deadline.
Acknowledge receipt of this circular.
Who it affects
All Indian Scheduled Commercial Banks (excluding RRBs)
❓ Common questions
What is the new deadline for PMRY milch animal disbursements?
The cut-off date has been extended from June 30, 2007 to November 30, 2007 for the programme year 2006-2007.
Does this apply to all PMRY cases?
No, this extension is only for cases related to purchase of milch animals under PMRY.
📜 Read the original circular — full text as issued by RBI
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2007-2008/150 · issued 01 Oct 2007. The plain-English explanation above is BankPulse’s own independent summary.
Instruct regional and branch offices to prioritize pending milch animal loan cases for disbursement before the extended deadline.
💻 IT / Systems
Update internal systems to reflect the new cut-off date of November 30, 2007 for PMRY milch animal disbursements.
📜 Compliance
Acknowledge receipt of this circular.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are an IT/Systems lead at a bank this circular applies to (All Indian Scheduled Commercial Banks (excluding RRBs)), your first concrete step on “PMRY Milch Animal Disbursement Deadline Extended to Nov 30, 2007” is: “Update internal systems to reflect the new cut-off date of November 30, 2007 for PMRY milch animal disbursements.” (RBI issued this 01 Oct 2007).
Circular: RBI/2007-2008/150 -- PMRY Milch Animal Disbursement Deadline Extended to Nov 30, 2007
Issued: 01 Oct 2007
Action required: Update internal systems to reflect the new cut-off date of November 30, 2007 for PMRY milch animal disbursements.
Action required: Instruct regional and branch offices to prioritize pending milch animal loan cases for disbursement before the extended deadline.
Action required: Acknowledge receipt of this circular.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
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=3843&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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