Regulatory Alerts2020-06-22
Added · Updated
SMESPD Circular Letter No. 05: Regarding reporting of Special Working Capital facility for CMSME sector under Financial Incentive package-TK 20,000 Crore
The Department of SME and Special Programs mandates that scheduled banks and financial institutions submit monthly reports on the disbursement of CMSME loans under the TK 20,000 Crore Financial Incentive package on a fortnightly basis instead of monthly. Reports for the first half of the month must be submitted by the 20th of that month, and reports for the second half must be submitted by the 5th of the following month. This directive amends the reporting frequency specified in Circular Letter No. 01 to strengthen supervision and ensure timely data submission.
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