Para 13.4.4 — CAM

13.4.4 In case of SBI, the GAD Mumbai will prepare Monthly Settlement Statement and forward, by first working day of the succeeding month to RBI, CAS, Nagpur for verification. After verification, RBI will forward along with the Monthly Closing Balance Statement (CAS-122) to the Principal Accounts Office of Ministry/Department, by 3rd working day of the following month. GAD, SBI Mumbai will also prepare Monthly Settlement Statement (PAO-wise, indicating the dates of settlement and dates of transactions) and forward one copy to Principal Accounts Office of the Ministry/ Department concerned by 3rd working day of following month. One copy each will also be sent to the concerned PAO and Focal Point branch. For all other banks (other than SBI), RBI (CAS) Nagpur will generate PAO wise and Date wise monthly settlement referred as DMA-I. The statement will be sent to Link Cell of Public/Private Sector Bank by 1st working day of the following month. The Link Cell will forward one copy each to the concerned Principal Accounts Office and PAO by the 3rd working day of the following month. RBI (CAS) Nagpur will also generate Ministry wise statement (PAO wise), referred to as DMA-2. A copy will be sent to the Link Cell and another to the Principal Accounts Office by 3rd working day of the following month.