Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular Letter No. 07 of 2013
June 21, 2013 

The Presidents/CEOs,
All Banks/DFIs.

Dear Sirs /Madams,

Long Term Financing Facility (LTFF) - Extension in Limit

           As you are aware, that LTFF limits sanctioned in favour of banks/DFIs for the year 2012-13 are due to expire on 30-06-2013. In order to ensure that financing facilities are available to borrowers till finalization of your new limits under LTFF for the financial year 2013-14, it has been decided to continue with the existing limit until fresh limits for FY 2013-14 are notified. Further, you are advised to please furnish us the following information, latest by June 28, 2013, to enable us to finalize limit under LTFF for FY 2013-14:-

a- Limit requirements for FY 2013-14 under LTFF.

b- Borrower-wise details of cases being sanctioned, application(s) in process/pipeline under LTFF alongwith details of LCs established and their expected date(s) of retirement.




Yours faithfully,

Sd/-

(Syed Samar Hasnain)
Director


       
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