Regulatory Alerts2023-11-21
Added
ACD Circular Letter No. 03: Refinance scheme of 5000 Crore Taka for agriculture sector to ensure food security of the country
The document sets the maximum limit for new loans or investments under the livestock sector's special incentive refinance scheme at 20 lakh Taka per customer to expand benefits to more genuine and marginal farmers. This directive amends previous guidelines by establishing this specific cap while keeping all other conditions and instructions from Circular No. 7 and Circular Letter No. 02 unchanged. The instruction takes immediate effect under the powers granted by Section 45 of the Bank Company Act, 1991.