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Pre-PLP Meetings Moved to June

Current · Source: Reserve Bank of India · RBI/2013-14/520 · issued 14 Mar 2014 · ~1 min read
Quick answerLead District Managers must now hold pre-PLP meetings in June each year, instead of August/September, to align with NABARD's revised PLP finalization timeline.
The rule, in the simplest words
How it plays out — a real example

A branch operations officer in Indore, Priya, checks her calendar and sees the pre-PLP meeting is now in June. She quickly updates her team's schedule, moving their district credit plan discussions from September to June, so they can align with NABARD's finalized PLP by August and avoid last-minute rushes.

What changed

Previously, pre-PLP meetings were scheduled for August/September. Now, these meetings must be convened in June every year, as PLPs are finalized by August.

What it means for you

Banks and LDMs need to advance their planning cycle by two months. This ensures district credit plans are discussed earlier, giving more time for alignment with NABARD's finalized PLPs before the financial year.

What you must do

Who it affects

Lead Banks, Lead District Managers, Scheduled Commercial Banks, Regional Rural Banks, NABARD

❓ Common questions

Why was the pre-PLP meeting moved to June?

NABARD requested the change because PLPs are now finalized by August each year, so an earlier meeting in June allows better preparation.

Does this circular apply to all banks?

Yes, it applies to all scheduled commercial banks including Regional Rural Banks, as advised by RBI.

📜 Read the original circular — full text as issued by RBI
RBI/2013-14/520 RPCD.CO.LBS.BC.No.93/02.01.001/2013-14 March 14, 2014 The Chairmen and Managing Directors All Lead Banks Dear Sir, Annual Credit Plans – Potential Linked Plan (PLPs) prepared by NABARD Please refer to the circular RPCD.CO.LBS. (SAA) BC.No.93/08.01.00/2004-05 dated April 11, 2005 advising all scheduled commercial banks including Regional Rural Banks that a pre-PLP meeting may be convened by Lead District Manager during August /September to be attended by the banks, Government agencies etc. 2. In this connection, NABARD has requested to consider advising LDMs to hold the pre-PLP meeting in the month of June every year as PLPs are now finalized by August every year. The matter has been examined and it has been decided that henceforth the pre-PLP meeting may be convened by LDMs during June every year. Accordingly, Lead Banks may ensure that pre-PLP meetings may be convened by LDMs during June every year. Yours faithfully, (A. Udgata) Principal Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2013-14/520 · issued 14 Mar 2014. The plain-English explanation above is BankPulse’s own independent summary.
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Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (Lead Banks, Lead District Managers, Scheduled Commercial Banks, Regional Rural Banks, NABARD), your first concrete step on “Pre-PLP Meetings Moved to June” is: “Instruct LDMs to schedule pre-PLP meetings in June annually.” (RBI issued this 14 Mar 2014).

  1. Circular: RBI/2013-14/520 -- Pre-PLP Meetings Moved to June
  2. Issued: 14 Mar 2014
  3. Action required: Instruct LDMs to schedule pre-PLP meetings in June annually.
  4. Action required: Update internal calendars and coordination timelines with government agencies.
  5. Action required: Communicate the change to all scheduled commercial banks and RRBs in your lead district.
  6. Owner: ____________ Target date: ____________
  7. Board/committee approval needed? Y / N
  8. 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.

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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=8772&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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