EC No. 112 /DoS- 20/2020-21 22 April 2020
Ref. No. NB. DoS/ Pol/157/J-1/2020-21
The Chairman, All RRBs
The Managing Director, All State Cooperative Banks
The Managing Director / Chief Executive Officer,
All District Central Cooperative Banks
Extension of timelines for submission of various supervisory returns received by Department of Supervision
In view of the various measures taken by the Government of India and various State Governments to prevent and contain spread of Coronavirus, Supervised Entities (SEs) may face difficulty in timely submission of various regulatory and supervisory returns to Department of Supervision (DoS). Therefore, the timelines for submission of the returns to DoS is being extended as per the Annexure.
2. This extension will be effective for the submissions till near normalcy is restored in terms of staff attendance or returns which will become due for submission up to June 30, 2020, whichever is earlier. Reporting entities capable of submitting the returns earlier on best effort basis may continue to do so.
3. The above extension will not be applicable to returns which are to be reported as-and-when basis e.g. Fraud Management Return (FMS-1), Cyber Security incidents and such others.
4. Further, all communication or requests to the Department of Supervision should be done through corporate email without involving physical movement of papers. This arrangement will continue until further review. Hard Copies of returns which are mandatorily to be submitted may be submitted once normalcy in operations returns.
5. Please acknowledge the receipt of this circular to our Regional Office in your State/UT.
Chief General Manager