Ref. No. NB.DoR / 800 / PPS -156 / 2018-19
18 June 2018
Circular No. 145 / DoR - 47 / 2018
The Chief Executive Officer
Refinance Policy for schematic lending for F. Y. 2018-19 –NBFC-MFIs - Revision in Net NPA Norm
1. Please refer to our Circular No. 80/DoR – 26 / 2018 dated 11.04.2018 on refinance policy for schematic lending F.Y. 2018-19- NBFC-MFIs. The Eligibility criteria in Para 1 point v has been revised and shall be read as “Net NPAs not exceeding 4% as on 31.03.2017”.
2. Other terms and condition as mentioned in the policy remains the same.
3. The Circular is also available on NABARD website www.nabard.org under the tab information centre.
3. Please acknowledge receipt.
(G R Chintala)
Chief General Manager