refer to BPD Circular Letter No. 23 dated July 4, 2003 wherein
all banks/DFIs were advised to settle/ decide all cases received
under the above scheme by 31-08-2003. Reference may also be
made to BPD Circular Letter No. 8 dated March 10, 2003 whereby
“SBP Committee” was constituted and given six months time
for resolutions of cases referred to it.
from the banks/DFIs to allow further time period on different
grounds for settlement of cases received by them, it has been
decided to extend the settlement date for all banks/DFIs up
to October 15, 2003 except ZTBL for which the
settlement date has been extended up to October 31, 2003.
are, therefore, advised to ensure settlement of all the pending
cases/ applications by the aforesaid date, positively as no
further extension in the time period would be granted.
the period of “SBP Committee” has also been extended up to
October 31, 2003.
Please acknowledge receipt.