MANAGEMENT

Detailed explanation-1: -(Circular DBOD.BP.BC.57/21.01.001/95 dated May 4, 1995). (iii) Branches of banks are required to report all cash deposits and withdrawals of Rs.10 lakhs and above as well as transactions of suspicious nature with full details in fortnightly statements to their controlling offices.

Detailed explanation-2: -8.3. 3 The threshold for EWS and RFA is an exposure of ₹ 500 million or more at the level of a bank irrespective of the lending arrangement (whether solo banking, multiple banking or consortium).

Detailed explanation-3: -The value of remittance to be applied to each beneficiary may or may not be more than INR 5, 00, 000, which is the threshold for reporting.

Detailed explanation-4: -A minimum cash margin of 25 per cent (within the above margin of 50 per cent) should be maintained in respect of such guarantees issued by banks.