EC No. 12 /DOS - 01 /2022
Reference. No. Rabin. Prak. dos. POL./4115/J-1/2021-22
31 January 2022
Chairman, All Regional Rural Banks
Managing Director, All State Co-operative Banks
Chief Executive Officer, All District Central Cooperative Banks
Dear Sir / Madam
Please refer to RBI circular DBR. No. Leg. BC. 98 / 09.08.019 / 2017-18 dated 19 December 2017 (copy enclosed) on submission of financial information to Information Utilities (IU), wherein all financial creditors regulated by RBI were advised to adhere to the relevant provisions of Insolvency and Bankruptcy Code (IBC), 2016 and Insolvency and Bankruptcy Board of India [IBBI] (Information Utilities) Regulations, 2017 and immediately put in place appropriate systems and procedures to ensure compliance to the provisions of the Code and Regulations.
2. We advise you to conform to RBI directions with regard to submission of financial information and information relating to assets in relation to which any security has been created, to Information Utility (IU) [i.e., National E-Governance Services Limited (NeSL)].
3. Please acknowledge receipt of this circular and forward your feedback on compliance to the instructions to our Regional Office in your State / Union Territory.
Chief General Manager