crete ater csr wrferercor Pn {urges aise al co1s ater eestr) sod F : : ; O14 SH National Highways Authority of India Fae 2001150804 (Ministry of load Transport & Highways) wnt bor og, EETON-10, HIAnHEA, ESE OFLA 80015 91-51 5030260 No, NUAUP& A/Pan!PLOs/2005 Dated: Maceli 21, 2002 OLMICEORE In order to have a uniform approach and to strearaline the procth of investment of suiplas funds, both at head! office and at the Project Implementation Units (PIUs], the Following, proceduce is prescribes! to be brought into Force with immediate ellect for investment of surplus funds icthe funds niay be invested with SBE or its subsidiaries or any othet indian nationalized bank. vii or emipanelarent of the banks, the following broad criteria may be followed- yy withe be 1 be Incated. within the vicinity of the ‘iifice {say {6 kilometers} or should have been authorized by its MOMLHO/CO/Main Branch to quote the rates & aegopt the deposits from NUTAL Vo. atthe time of maturity, the bank: should be willing to Iss08 & vankers’ heque in the ane of the baalk where the amount is proposed to be eeemledideposited of issue a cheque eligible for high value clearings se that the amount is credited (0 the account of NEAL on the same of maturity without any Joss of interest ecthe bank should not have a Capital Adequacy Ratio of less than 9 [with eflect-feow 31/3/2002,-Capital Adequacy shall not be tess than 10 as per REN's guidelines} The Bank should not have been mentioned/categorised as a “weak bank” by REL [Note For items: fife) and H(U) above, information shall be provided by TO to all the PAUs from time Lo time) ii. The proposed amount of investment and the proposed period of siestnent may be determined in,advance, either basetl on ths Now itements oF base othe pattern of expenctiture (or Hikely cexpousliture) find the pattern of maturity of funds in future it my closed envelopes specilying the proposed «{ theproposed period of investment “A ‘The rate may be it amount of inyestept™ \ \nncd‘To All the PLUs a2 The envelopes may be opened in the presence of at-least two officers (in the case of head office, GM (Finance) and Mgr (F)-I cum DDO and in the case of PLU, Project. Director and the Mgr (FV/Sr,AO/AO cum DIDO or the Accountant; where ao Mgr (FY/St. AO/AO has been posted} ‘The investment decision may be taken based on the maximum cute of interest quoted / the maximum amount of investment sought for by the bank As far as possible, funds should be invested judiciously and idle funds should not be allowed to remain in the cureent account(s) unless proposal(s) is/are pending for payment Pre-mature encashmient of the deposits may be avoided unless proposal(s) is/are pending for pryment. This issues with the approval of Chairman. Pht [P. Padiak] Offs, GM [U8 Manager{FJI, HO