No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2009-10/436 · issued 29 Apr 2010 · ~1 min read
Quick answerRBI extends credit relaxations for J&K borrowers by one more year, up to March 31, 2011. All scheduled commercial banks (excluding RRBs) must continue the concessions originally outlined in the April 2004 circular.
What changed
The previous extension of credit concessions for J&K borrowers, which was set to expire on March 31, 2010, has been further extended by one year. The new deadline for these relaxations is now March 31, 2011.
What it means for you
Banks must continue to offer the same credit relaxations and concessions to borrowers in Jammu & Kashmir for another year. This ensures ongoing support for trade and industry in the region, without any change in the terms of the relief.
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
Issue instructions to all controlling and branch offices to continue the existing credit relaxations for J&K borrowers until March 31, 2011.
Ensure compliance with the original April 21, 2004 circular's provisions for the extended period.
Monitor the implementation of these concessions in J&K branches to avoid any disruption in relief to customers.
Who it affects
All scheduled commercial banks (excluding RRBs), Borrowers and customers in Jammu & Kashmir, Trade and industry in Jammu & Kashmir
RBI’s words: “Please refer to our circular DBOD.No.BP.BC.100/21.04.012/2009-10 dated April 29, 2010 extending the period of concessions/credit relaxations”
Repealed byRBI/2025-26/100 — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
RBI’s words: “Official withdrawal register entry #1713: DBOD.No.BP.BC.100/21.04.012/2009-10 — "Relaxation to Trade and Industry in the State of Jammu & Kashmir" dated April 29, 2010”
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/436
DBOD. No. BP. BC. 100/21.04.012/2009-10
April 29, 2010
The Chairman / CMD / MD / CEO
All Scheduled Commercial Banks (excluding RRBs)
Dear Sir,
Relaxation to Trade and Industry in the State of Jammu & Kashmir
Please refer to our circular DBOD.No.BP.BC.135/21.04.012/2008-2009 dated May 26, 2009 extending the period of concessions/ credit relaxations to borrowers/customers in Jammu & Kashmir up to 31 March 2010. It has been decided that the concessions/credit relaxations to borrowers/customers in the State of Jammu & Kashmir, as laid down in our Circular No. DBOD.No.BP.BC.77/21.04.012/2003-2004 dated April 21, 2004, will continue to be operative for a further period of one year, i.e., up to March 31, 2011.
2. Suitable instructions may please be issued to your controlling / branch offices in this regard.
Yours faithfully,
(B. Mahapatra)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/436 · issued 29 Apr 2010. The plain-English explanation above is BankPulse’s own independent summary.
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 03 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=5634&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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