RBI/2010-11/385
DBOD.FID.FIC.No.10 /01.02.00/2010-11
January 25, 2011
The CEOs of select All-India Term Lending and Refinancing
Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Prudential Guidelines on Restructuring of
Advances by select All-India Financial Institutions (AIFIs): Credit Support to
MFIs
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)
- 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)
Chief General Manager