Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular No. 01 of 2016
February 25, 2016

The Presidents/Chief Executives
All Banks

Dear Sir/ Madam,

Prudential Regulations for Small and Medium Enterprises’ Financing

Please refer to the Prudential Regulation SE R-7 relating to General Reserve Requirement for Small Enterprise (SE) Finance

2. It has been decided that Regulation SE R-7: General Reserve for Small Enterprise Finance shall not apply on financing extended under Prime Minister’s Youth Business Loans (PMYBL) Scheme.

4. Other instructions on the subject remain unchanged.


Yours sincerely,


(Ghulam Muhammad)
Director
 

       
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