Regulatory Alerts2026-06-29
Added · Updated
BRPD-1 Circular Letter No. 23: Special Exit Policy for Recovery/Settlement of Loans
The document authorizes banks to provide a one-time special exit facility for classified loans (sub-standard or doubtful) as of June 30, 2026, requiring borrowers to repay the entire principal amount in a single lump sum. Banks must prioritize short-term agricultural loans and cottage, micro, and small loans within the SME sector, while interest waivers are restricted to specific conditions outlined in prior circulars. This directive remains effective until December 31, 2026.
More like this from BB
BB published 18 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share