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IH&SMEFD
Circular Letter No. 05 of 2014 |
June 19, 2014 |
The Presidents / CEOs,
All Banks/DFIs
Dear Sirs/ Madams,
Long Term Financing Facility (LTFF) – Extension in Limit
As you are aware, that LTFF limits sanctioned in favour of banks/DFIs for the year 2013-14 are due to expire on 30-06-2014. In order to ensure that financing facilities are available to borrowers till finalization of your new limits under LTFF for the financial year 2014-15, it has been decided to continue with the existing limit until fresh limits for FY 2014-15 are notified. Further, you are advised to please furnish us the following information, latest by June 30, 2014, to enable us to finalize limit under LTFF for FY 2014-15:-
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Limit requirements for FY 2014-15 under LTFF.
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b |
Borrower-wise details of cases being sanctioned, application(s) in process/pipeline under LTFF along with details of LCs established and their expected date(s) of retirement. |
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Yours
faithfully,
(Muhammad Ishfaq)
Senior Joint Director
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