Regulatory Alerts2023-08-28
Added · Updated
Working Capital Loans Not Allowed in the Final Month of the Quarter (Ashoj, Poush, Chaitra, Ashar)
The financial regulator has prohibited existing borrowers from increasing working capital loan limits during the final month of each quarter (Ashoj, Poush, Chaitra, Ashar). While loan renewals and disbursements within approved limits remain permitted during these months, any limit approvals or increases must be processed and disbursed in the following month. This restriction explicitly excludes new borrowers, who remain eligible for standard working capital financing.
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