The Presidents/ CEOs,

All Commercial Banks,

Dear Sirs / Madam,

Procurement of wheat by the Private Sector – 2007

Please refer to clause (c) of SME & MFD Circular No. 01 dated January 26, 2007 on the above subject

2. Banks are advised to ensure that funds provided under wheat financing to private sector are not rolled over and are adjusted as per terms and conditions of loans on or before 31st January, 2008.
3. Other instructions on the subject shall remain unchanged.

Please acknowledge receipt.