Circulars/Notifications - Banking Supervision Department  
 BPRD Circular Letter No. 02
January 29, 2000  

All Banks/NBFIs,

Dear Sirs,

RESCHEDULING/RESTRUCTURING OF NON-PERFORMING LOANS

Please refer to BPRD Circular Letter No.27 dated June 22, 1999 on the captioned subject.

In partial modification of the instructions contained in the aforesaid Circular Letter it has been decided to reduce the period, during which the classification and provisioning of loan/advance remain unchanged, from two years to one year (excluding grace period, if any) from the date of such rescheduling/restructuring.

Other instructions on the subject shall, however, remain unchanged.

Please acknowledge receipt.

 

Yours faithfully,
(KAZI ABDUL MUKTADIR)
Director

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