Home › Circulars › RBI/2010-11/343

SLBC/UTLBC Meetings: New Calendar & Discipline Rules

Current · Source: Reserve Bank of India · RBI/2010-11/343 · issued 29 Dec 2010 · ~2 min read
Quick answerRBI mandates SLBC/UTLBC meetings to follow a yearly calendar from Jan 1, 2011, with strict deadlines for data submission, agenda circulation, and meeting conduct. Convenor banks must enforce compliance and report defaults to RBI.
The rule, in the simplest words
How it plays out — a real example

A credit & lending officer in Indore is preparing for the next SLBC meeting. The convenor bank has already sent the yearly calendar, so she knows the data deadline is January 15. Even though two banks haven't submitted their numbers yet, she still circulates the agenda on time, as the rules require. She notes the defaulting banks and reports them to their controlling offices and RBI, ensuring everyone stays accountable.

What changed

RBI observed that SLBC/UTLBC meetings were not held on time, agendas were not circulated in advance, and participation levels were inadequate. To fix this, RBI now requires convenor banks to prepare a yearly calendar by January 15 each year, with fixed cut-off dates for data submission and meeting dates. Meetings must be held within 45 days of the quarter-end, and agendas must be circulated even if some banks default on data submission.

What it means for you

Banks and convenor banks must now adhere to a strict timeline for SLBC/UTLBC meetings, ensuring better coordination with state governments and RBI. Defaulting banks will be called out in meetings and reported to their controlling offices and RBI. This strengthens accountability and ensures that developmental credit issues are discussed promptly.

What you must do

Who it affects

SLBC Convenor Banks, All scheduled commercial banks participating in SLBC/UTLBC, State Government agencies and development departments, RBI regional offices

❓ Common questions

What happens if a bank fails to submit data by the cut-off date?

The convenor bank must still circulate the agenda without waiting for the defaulting bank's data. The issue will be raised in the SLBC meeting, and the convenor bank must write to the defaulting bank's controlling office, copying the RBI regional office.

Can the SLBC meeting date be changed after the yearly calendar is set?

Only in very rare cases where the Chief Minister, Finance Minister, or other very senior functionaries cannot attend. If they request, a special SLBC meeting can be held, but the regular meeting should still occur as per the calendar.

What is the deadline for forwarding minutes after the SLBC meeting?

Minutes must be forwarded to all stakeholders within 10 days of holding the meeting. Action points from the meeting must be followed up within 30 days of forwarding the minutes.

📜 Read the original circular — full text as issued by RBI
Notifications - Reserve Bank of India Skip to main content Selected Selected Change Language हिंदी Search the Website Search Home About Us ▼ About Us Organisation & Functions ▶ Organisation Structure Departments Offices Training Establishment ▶ College of Agricultural Banking Reserve Bank Staff College College of Supervisors RBI's Functions and Working Governors Deputy Governors Executive Directors Communication Policy of RBI Sources of Information ▶ Annual Publications Half-yearly Publications Quarterly Publications Monthly Publications Weekly Publications Occasional Publications SDDS NSDP Data Releases Publications available on Subscription General Information RBI History Museum ▶ The RBI Museum RBI Monetary Museum Notification ▼ Notifications Master Directions Master Circulars Amendment Directions Draft Notifications/Guidelines ▶ Draft Notifications/Guidelines Draft Directions (RE-wise) Index To RBI Circulars Standalone Circulars Circulars Withdrawn Press Releases Speeches & Media Interactions ▼ Speeches Media Interactions Memorial Lectures Podcasts Publications ▼ Biennial Annual Half-Yearly Quarterly Bi-monthly Monthly Weekly Occasional Reports Working Papers Legal Framework ▼ Act Rules Regulations Schemes Research ▼ External Research Schemes RBI Occasional Papers Working Papers RBI Bulletin History DRG Studies KLEMS State Statistics and Finances Statistics ▼ Data Releases Database on Indian Economy Public Debt Statistics Regulatory Reporting ▼ List of Returns Data Definition Validation rules/ Taxonomy List of RBI Reporting Portals FAQs of RBI Reporting Portals Home Notifications Notifications ( 26 kb ) Lead Bank Scheme – Conduct of State Level Bankers' Committee (SLBC)/Union Territory Level Bankers' Committee (UTLBC) meetings RBI/2010-11/343 RPCD.CO.LBS.BC.No.44 /02.19.10/2010-11 December 29, 2010 CMDs of all SLBC Convenor Banks Dear Sir, Lead Bank Scheme – Conduct of State Level Bankers' Committee (SLBC)/Union Territory Level Bankers' Committee (UTLBC) meetings The SLBC/UTLBC plays a very important role in coordinating and supervising developmental efforts of Government agencies and banks in the State/Union Territory. As per our extant instructions, the meetings of these committees are required to be held at quarterly intervals and should be chaired by the Chairman & Managing Director (CMD) of the convenor bank or additionally co-chaired by Additional Chief Secretary or Development Commissioner of the State concerned. High levels of participation in SLBC/UTLBC meetings ensure an effective and desired outcome with meaningful discussion on issues of public policy focus of both the Government of India and Reserve Bank of India. 2. Of late, it has been observed that these meetings are neither conducted in time nor the agenda is circulated in advance. Further, the level of participation in the meetings is not upto the prescribed level undermining the prime objective of holding the meetings. A need is, therefore, felt to streamline and strengthen the system of holding of these meetings. 3. In view of the above, to improve the effectiveness and streamlining the functioning of SLBC/UTLBC meetings, it has been decided that henceforth, beginning from January 1, 2011, convernor banks will prepare a yearly calendar of programme (calendar year basis) in the beginning of the year itself, for conducting the meetings. The calendar of programme should clearly specify the cut off dates for data submission to SLBC and acceptance thereof by SLBC convenor. This yearly calendar should be circulated to all the concerned as an advance intimation for blocking of future dates of senior functionaries of various agencies like banks, State Governments, RBI, etc. The SLBC/UTLBC meetings should be conducted as per the calendar decided in the beginning of the year under all circumstances. The agenda should also be circulated in advance without waiting for the data from defauting banks. The matter should, however, be taken up with the defauting banks in the SLBC meeting and SLBC Convernor Bank, in addition, should write a letter in this regard to the controlling office under advice to Regional Office of RBI. SLBC Convenor Bank will, however, continue to follow-up with banks for timely data submission. In case even after such a long notice, if Chief Minister, Finance Minister or other very senior functionaries are not able to attend the SLBC on some very rare occasion, then if so desired by them, a special SLBC meeting can be held. 4. Following broad guidelines should be used for preparation of the calendar of programmes: Activity To be completed by (Date) Preparation of calendar of SLBC/UTLBC meetings and intimation to all the concerned of the cut-off dates for submission of data and dates of meetings as per the dateline given below. 15th January every year Reminder regarding the exact date of meeting and submission of data by banks to SLBC 15 days before end of the quarter Dead line for receipt of information/data by SLBC Convenor Bank 15 days from the end of the quarter Distribution of agenda cum background papers 20 days from the end of the quarter Holding of the meeting Within 45 days from the end of the quarter Forwarding the minutes of the meeting to all stakeholders Within 10 days from holding the meeting Follow-up of the action points emerged from the meeting To be completed within 30 days of forwarding the minutes (for review in the next meeting) 5. Please acknowledge receipt of the circular and confirm action taken as above to our Regional Office. Yours faithfully, (Dr. Deepali Pant Joshi) Chief General Manager -in- Charge 2026 All Months January February March April May June July August September October November December 2025 All Months January February March April May June July August September October November December 2024 All Months January February March April May June July August September October November December 2023 All Months January February March April May June July August September October November December 2022 All Months January February March April May June July August September October November December 2021 All Months January February March April May June July August September October November December 2020 All Months January February March April May June July August September October November December 2019 All Months January February March April May June July August September October November December 2018 All Months January February March April May June July August September October November December 2017 All Months January February March April May June July August September October November December Archives 2016 All Months January February March April May June July August September October November December 2015 All Months January February March April May June July August September October November December 2014 All Months January February March April May June July August September October November December 2013 All Months January February March April May June July August September October November December 2012 All Months January February March April May June July August September October November December 2011 All Months January February March April May June July August September October November December 2010 All Months January February March April May June July August September October November December 2009 All Months January February March April May June July August September October November December 2008 All Months January February March April May June July August September October November December 2007 All Months January February March April May June July August September October November December 2006 All Months January February March April May June July August September October November December 2005 All Months January February March April May June July August September October November December 2004 All Months January February March April May June July August September October November December 2003 All Months January February March April May June July August September October November December 2002 All Months January February March April May June July August September October November December 2001 All Months January February March April May June July August September October November December 2000 All Months January February March April May June July August September October November December 1999 All Months January February March April May June July August September October November December 1998 All Months January February March April May June July August September October November December 1997 All Months January February March April May June July August September October November December 1996 All Months January February March April May June July August September October November December 1995 All Months January February March April May June July August September October November December 1994 All Months January February March April May June July August September October November December 1993 All Months January February March April May June July August September October November December 1992 All Months January February March April May June July August September October November December 1991 All Months January February March April May June July August September October November December Top Back to previous page More Links Bank Holidays Banking Glossary Citizen's Charter Complaints Contact Us COVID-19 Measures E-LMS Events FAQs Financial Education Forms IFSC/MICR Codes Important Websites Opportunities @ RBI RBI Clarifications RBI Kehta Hai RBI’s Vision and Values (1257 kb)--> Right to Information Act Tenders Follow RBI RSS Twitter YouTube Instagram Facebook LinkedIn © Reserve Bank of India. All Rights Reserved. Sitemap | Disclaimer Website owned and managed by Reserve Bank of India. Contact us on helpdoc[at]rbi[dot]org[dot]in Website last updated date: Jul 27, 2026 Supports: Google Chrome 147+ | Firefox 150+ | Microsoft Edge Version 147+ | Safari 17+ Accessibility Statement | Screen Reader and Accessibility Help
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/343 · issued 29 Dec 2010. The plain-English explanation above is BankPulse’s own independent summary.
🧰 Tools — save, print, templates & related
Most relevant forBranch Manager — Private Bank / SFBCompliance TeamSenior Management / BoardBusiness Head / Vertical HeadRM — Deposits & Wealth (CASA / HNI)Current Account / Trade RM
🛠 Banker’s toolkit — checklists & reply templates →
Related circulars · Financial Inclusion & Priority Sector
Small Account Rules for Co-operative Banks – RBI Circular 2011RRB CRR Hiked to 9% from Aug 30, 2008CRR Hiked for RRBs by 50 bps in Two StagesRRBs: PMLA Compliance – CTR, STR, and KYC Software MandateRRB CRR Hiked to 8.25% from May 24, 2008
Browse all departments →
Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (SLBC Convenor Banks, All scheduled commercial banks participating in SLBC/UTLBC, State Government agencies and development departments, RBI regional offices), your first concrete step on “SLBC/UTLBC Meetings: New Calendar & Discipline Rules” is: “Prepare and circulate a yearly calendar for SLBC/UTLBC meetings by January 15 each year, including cut-off dates for data submission.” (RBI issued this 29 Dec 2010).

  1. Circular: RBI/2010-11/343 -- SLBC/UTLBC Meetings: New Calendar & Discipline Rules
  2. Issued: 29 Dec 2010
  3. Action required: Prepare and circulate a yearly calendar for SLBC/UTLBC meetings by January 15 each year, including cut-off dates for data submission.
  4. Action required: Send reminders 15 days before the quarter-end and ensure data is received within 15 days after the quarter-end.
  5. Action required: Circulate agenda and background papers within 20 days of quarter-end, even if some banks have not submitted data.
  6. Action required: Hold the meeting within 45 days of quarter-end and forward minutes within 10 days of the meeting.
  7. Action required: Follow up on action points within 30 days of forwarding minutes and report defaulting banks to their controlling offices and RBI.
  8. Owner: ____________ Target date: ____________
  9. Board/committee approval needed? Y / N
  10. 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.

Loading comments…
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=6180&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.
Public beta — plain-English informational summaries. Always verify against the official RBI source (circular number cited on every page) before making compliance, credit, treasury, audit, or operational decisions. · Join our WhatsApp channel ↗
—