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IH&SMEFD
Circular Letter No. 10 of 2015 |
June 26, 2015 |
The Presidents / CEOs,
All Banks/DFIs
Dear Sir /Madam,
Long Term Financing Facility (LTFF) – Extension in Limit
As you are aware, that LTFF limits sanctioned in favour of banks/DFIs for the year 2014-15 are due to expire on 30-06-2015. In order to ensure that financing facilities are available to borrowers till finalization of new limits under LTFF for the financial year 2015-16, it has been decided to continue with the existing limit until fresh limits for FY 2015-16 are notified. Further, you are advised to furnish us the following information, latest by July 10, 2015, to enable us to finalize limit under LTFF for FY 2015-16:-
- Limit requirements for FY 2015-16 under LTFF, supported by borrower-wise details of cases being sanctioned, application(s) in process / details of LCs established and their expected date(s) of retirement.
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Yours faithfully,
Sd/
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(Ghulam Muhammad)
Director
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