As you are aware, LTFF limits sanctioned in favour of banks for the year 2011-12 are due to expire on 30-06-2012. In order to ensure that financing facilities are available to borrowers till finalization of your new limits under the Facility for the financial year 2012-13, it has been decided to continue with the existing limit until fresh limits for FY 2012-13 are notified. Further, you are advised to please furnish us the following information, latest by June 29, 2012, to enable us to finalize limit under the Facility for FY 2012-13:-
Please acknowledge receipt.
a) Limit requirements for FY 2012-13 under LTFF.
b) Borrower-wise details of cases being sanctioned, application(s) in process/pipeline under the Facility alongwith details of LCs established and their expected date of retirement.