Prudential Guidelines on Restructuring of Advances by select All-India Financial Institutions (AIFIs): Credit Support to MFIs - আরবিআই - Reserve Bank of India
Prudential Guidelines on Restructuring of Advances by select All-India Financial Institutions (AIFIs): Credit Support to MFIs
RBI/2010-11/385 January 25, 2011 The CEOs of select All-India Term Lending and Refinancing Institutions Dear Sir, Prudential Guidelines on Restructuring of Advances In continuation of our letter DBOD.No.FID.FIC.6 /01.02.00/2010-11 dated October 14, 2010 on the captioned subject, please find enclosed DBOD.BP.BC.No. 74 /21.04.132/2010-11 dated January 19, 2011 on `Credit Support to Micro Finance Institutions ( MFIs) ' issued to scheduled commercial banks. In this connection, it is advised that these guidelines, shall apply mutatis mutandis to the select All-India Financial Institutions (AIFIs) 2. However, certain activities are generally not undertaken by FIs, such as extending working capital, overdrafts and personal loans, etc. The provision of the circular relating to such activities shall not be applicable to the AIFIs. Please acknowledge receipt. Yours faithfully, (Vinay Baijal) |