The
Presidents/CEOs,
All Banks /DFIs,
Dear
Sirs / Madam,
Scheme
for Financing Locally Manufactured Machinery
Please refer to BPD Circular No. 25 dated 24th July 2004
in terms of which Part –A (Local Sales) of LMM Scheme
was modified.
2.
It is clarified that effective issuance of our new Scheme
viz. Long Term Financing Facility (LTFF) circulated vide
MFD Circular No. 07 dated December 31, 2007 the instructions
issued vide BPD Circular No. 25 dated July 24, 2004 stand
withdrawn