Quick answerRBI extends the cut-off date for completing disbursements under PMRY for purchase of milch animals (Programme Year 2005-2006) from May 31, 2006 to November 30, 2006, as decided by the Ministry of Agro & Rural Industries.
What changed
The earlier cut-off date of May 31, 2006 for disbursement of loans for purchase of milch animals under PMRY for the 2005-2006 programme year has been extended to November 30, 2006. This is a partial modification of the previous circular dated March 24, 2006.
What it means for you
Banks now have an additional six months to process and disburse loans for milch animal purchases under PMRY, reducing pressure on branch staff to meet the earlier deadline. This extension helps ensure more beneficiaries can access the scheme without being rushed, but banks must update their internal systems and communicate the new timeline to all branches.
What you must do
Issue instructions to all regional/controlling offices and branches about the extended cut-off date of November 30, 2006.
Update internal tracking systems and loan processing workflows to reflect the new deadline.
Communicate the change to field staff handling PMRY applications to avoid confusion with the old date.
Acknowledge receipt of this circular to RBI as instructed.
Who it affects
All Indian Scheduled Commercial Banks (excluding RRBs), Branches handling PMRY loans for milch animals, Regional and controlling offices of these banks
Regulatory timeline
Decoded by BankPulse2026-06-19 18:32 IST
Status change: withdrawn09 Jul 2026, 04:07 IST
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
What is the new cut-off date for PMRY milch animal disbursements?
The cut-off date has been extended from May 31, 2006 to November 30, 2006 for the Programme Year 2005-2006.
Does this extension apply to all PMRY cases?
No, it applies only to cases related to purchase of milch animals under PMRY for the 2005-2006 programme year.
Which banks are covered by this circular?
All Indian Scheduled Commercial Banks, excluding Regional Rural Banks (RRBs).
📜 Read the original circular — full text as issued by RBI
RBI/2005-06/400
RPCD.PLNFS.BC.No. 88 /09.04.01/ 2005 –2006
June 06, 2006
The Chairman/Managing Director
All Indian Scheduled Commercial Banks
(Excluding RRBs)
Dear Sir,
PMRY - Cut-Off date for completion
of disbursement for cases relating to purchase of milch animals under the Programme
Year 2005 -2006
Please refer to our circular RBI/
2005-06/336/ RPCD.PLNFS.BC.No.70/09.04.01/ 2005 –2006 dated March 24, 2006 .
In partial modification of the circular, the Ministry of Agro & Rural Industries,
Govt. of India has since decided to extend the cut-off date for completion of
disbursements of those cases of purchase of milch animals under PMRY for the
Programme Year 2005-2006 from May 31, 2006 to November 30, 2006.
2. You may issue necessary instructions
to your Regional / Controlling Offices/ Branches in this regard.
3. Please acknowledge receipt.
Yours faithfully,
(Sujatha Elizabeth Prasad)
General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2005-06/400 · issued 06 Jun 2006. The plain-English explanation above is BankPulse’s own independent summary.
Test yourself
Quick self-check built only from the facts already on this page — tap a question to reveal the answer.
Q1. In one line, what does this circular do?
RBI extends the cut-off date for completing disbursements under PMRY for purchase of milch animals (Programme Year 2005-2006) from May 31, 2006 to November 30, 2006, as decided by the Ministry of Agro & Rural Industries.
Q2. Who does this circular apply to?
All Indian Scheduled Commercial Banks (excluding RRBs), Branches handling PMRY loans for milch animals, Regional and controlling offices of these banks
Q3. What is the first thing you should do about it?
Issue instructions to all regional/controlling offices and branches about the extended cut-off date of November 30, 2006.
Related circulars · Financial Inclusion & Priority Sector
Issue instructions to all regional/controlling offices and branches about the extended cut-off date of November 30, 2006.
💻 IT / Systems
Update internal tracking systems and loan processing workflows to reflect the new deadline.
Communicate the change to field staff handling PMRY applications to avoid confusion with the old date.
📜 Compliance
Acknowledge receipt of this circular to RBI as instructed.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Branch Manager at a bank this circular applies to (All Indian Scheduled Commercial Banks (excluding RRBs), Branches handling PMRY loans for milch animals, Regional and controlling offices of these banks), your first concrete step on “PMRY Milch Animal Disbursement Deadline Extended to Nov 30, 2006” is: “Issue instructions to all regional/controlling offices and branches about the extended cut-off date of November 30, 2006.” (RBI issued this 06 Jun 2006).
Circular: RBI/2005-06/400 -- PMRY Milch Animal Disbursement Deadline Extended to Nov 30, 2006
Issued: 06 Jun 2006
Action required: Issue instructions to all regional/controlling offices and branches about the extended cut-off date of November 30, 2006.
Action required: Update internal tracking systems and loan processing workflows to reflect the new deadline.
Action required: Communicate the change to field staff handling PMRY applications to avoid confusion with the old date.
Action required: Acknowledge receipt of this circular to RBI as instructed.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
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.
AI-drafted · 1-model AI consensus fact-check · under the editorial review of our expert review panel · decoded & published by BankPulse · 21 Jun 2026, 06:23 IST
Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=2894&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert review panel. Independent platform, not affiliated with the Reserve Bank of India; never reproduces RBI text verbatim.
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