The Presidents/ Chief Executives,
All Banks and DFIs
Dear Sir,
Mandatory Targets for Housing and Construction Finance
Please refer to IH&SMEFD Circular No. 04 dated April 01, 2021.
2. In this regard, the exposure limit on eligible investments/financing as prescribed in aforementioned circular has been increased to 25 percent of mandatory targets for housing and construction finance from 15 percent of the same.3. All other instructions on the subject shall remain unchanged.
Yours sincerely,
Dr. Mian Farooq Haq
Director