Regulatory Alerts2023-03-21
Added
ACD Circular Letter No. 02: Inclusion of Cattle Fattening in the 5,000 Crore Taka Agriculture Refinance Scheme
The document amends the refinance scheme for the agriculture sector by including the cattle fattening sector under the 5,000 Crore Taka scheme aimed at ensuring national food security. Scheduled banks are directed to submit consolidated monthly reports of loan distribution under this scheme by the 7th working day of the following month. These instructions are issued under Section 45 of the Bank Company Act, 1991, and take immediate effect.