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RBI No.2006-2007/224 DBOD.BP.BC No. 50 / …

RBI No. 50 / 2006-07 January 4, 2007 The Chairmen/Chief ExecutivesAll Commercial Banks(excluding RRBs)Dear Sir,Valuation of Properties - Empanelment of ValuersIt has been observed that different banks follow different policies for valuation ofproperties and appointment of valuers for the purpose. The issue of correct andrealistic valuation of fixed assets owned by banks and that accepted by them ascollateral for a sizable portion of their advances portfolio assumes significance in viewof its implications for correct measurement of capital adequacy position of banks.

RBI No.2006-2007/224 DBOD.BP.BC No. 50 / 21.04.018/ 2006-07 January 4, 2007 The Chairmen/Chief Executives All Commercial Banks (excluding RRBs) Dear Sir,

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