Regulatory Alerts2008-10-30
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ACSPD Circular Letter No. 08: Disbursement of Loan to Cultivator of Salt & Owner of Salt Mill during the Salt Season of 2008-2009
The document authorizes the disbursement of loans to salt cultivators and salt mill owners for the 2008-2009 season, setting a total loan amount of 13,20,000 (in thousand taka) against a production target of 71,500 tons. It instructs banks to ensure that these funds are utilized strictly for salt cultivation and processing activities under the 'Bank-Salt' scheme. The circular mandates that banks monitor the utilization of these loans and submit necessary reports to comply with the directive.
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