Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 26 of 2009
September 08, 2009

The Presidents/Chief Executives,
All Banks/DFIs/MFBs

Dear Sirs / Madam,

Microfinance Credit Guarantee Facility (MCGF)

          Please refer to BPRD Circular No.10 dated 26th May, 2009 on the captioned subject.

2. In partial modification of the guidelines for MCGF issued vide BPRD Circular No.10 dated 26th May, 2009, it has been decided to allow Microfinance Institutions (MFIs) to avail financing from Banks/DFIs under the MCGF.

3. Other instructions / guidelines pertaining to MCGF shall remain unchanged.


Please acknowledge receipt.


Yours truly,

Sd/-

(Syed Irfan Ali)
Director

       
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