Circulars

Amendment in Rationalization of Database on Agri Credit Returns

September 07, 2007
8407

Agricultural Credit Department

ACD

Circular No. 03 of 2007

September 07, 2007

The

Presidents / Chief Executive Officers

All Banks

Dear

Sirs / Madam,

AMENDMENT

IN RATIONALIZATION OF DATABASE

ON AGRI. CREDIT RETURNS

Please

refer to ACD Circular No. 2 dated 15th June 2007 regarding

rationalization of database on agn credit/discontinuation

of returns.

With a view to add further clarity to the reporting requirements

apart from certain relaxations explanatory noting is being

incorporated on the formats prescribed under the above noted

circular, as under:

Due

date of submission of returns to SBP has been extended

to 15th instead of 12th of the following month to which

it relates.

Statement

No.1: Definitions of outstanding amount of loan and classification

of size of land holding have been incorporated at footnote

of the statement.

Statement No. 2: Definitions of outstanding amount of

loan and classification of small & large farm have

been incorporated at footnote of the statement.

Statement No. 3: Explanation on reporting the value of

security to the extent of amount disbursed has been incorporated

at footnote of the statement. In addition, period of reporting

i.e. July to December for first half-yearly return and

July to June for second half-yeariy return has been provided

at the footnote.

Statement No.6: As banks do not maintain NPLs in the form

of detailed breakup of non farm activities, the section

has been deleted and rest of the statement remains unchanged.

Statement No.7: Frequency of reporting has been changed

from quartedy to half-yearly.

Statement No.9: Definition of outstanding amount of loan

and the explanation of reporting period i.e. July to December

for first half-yearly return and July to June for second

half-yearly return have been incorporated at the footnote.

Statement No.10: The statement has been re-aligned by separang

the section of mark up rates and holding wise details of

amount due and amount recovered. The breakup of farm &

non-farm sector has also been made under the mark up rates

section. Further, definitions of amount due & amount

recovered have been included at footnote.

No

change has been made in the statements No.4 , 5 and 8.

Banks

are advised to submit their returns henceforth on the revised

attached formats. The copy of the same is also available

on SBP’s website.

Please acknowledge receipt.

Enc:

As above.

Yours

faithfully,

Sd/-

(Muhammad

Ashraf Khan)

Director

Phone:021-9217216&2453940

UAN: 111-727-111

Fax: 021-9217215

Laws & Regulations

Zahid Husain Memorial Lecture

Enc: As above.

What's New?

Rupey ko Pehchano

Yours sincerely,

Muhammad Ashraf Khan
Director