Mark up rate support for textile sector against long term loans
23 Mar '10
3 min read
(xii) The facility shall not be available to the borrowers having non-performing loans, classified under SBP Prudential Regulations. However, banks/DFIs can allow the facility after rescheduling/restructuring of such loans.
(xiii) The banks/DFIs shall pay the Support to the eligible borrowers to the extent of 70% of total amount worked out for six months period from 01-09-2009 to 28-02-2010. The remaining amount of subsidy will be provided upon receipt of funds from Ministry of Finance as and when received.
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