The Presidents/CEOs,

All Banks/DFIs

Dear Sir/Madam,

Long Term Financing Facility/Islamic Long Term Financing Facility (LTFF/ILTFF) - Extension/Allocation of Limit

As you are aware, LTFF limit sanctioned in favour of banks/DFIs for the year 2019-20 are due to expire on 30-06-2020. In order to ensure that financing facilities are available to borrowers till finalization of new limits under LTFF/ILTFF for the financial year 2020-21, it has been decided to continue the existing limit till fresh limits for FY 2020-21 are notified. Further, you are advised to furnish us following information latest by June 30, 2020 to enable us to finalize limits under LTFF/ILTFF for FY 2020-21:

• Limit requirements for FY 2020-21 under LTFF/ILTFF;
• Limit request should be duly supported by borrower-wise details of cases being sanctioned, application(s) in process / details of LCs established and their expected date(s) of retirement.