Please refer to BRPD CIRCULAR NO. 14 DATED 23.09.2012 on the captioned subject.
With a view to encouraging participation of the banks in disbursing agricultural and micro-credits, the above circular has been reviewed and following amendments have been made:
Section 4(c) of the aforesaid circular will be replaced as under:
“(c) Provision for Short-term Agricultural and Micro-Credits:
(1) All unclassified Credits (irregular and regular) : 2.5%
(2) Classified as ‘Sub-standard’ and ‘Doubtful’ : 5%
(3) Classified as ‘Bad/Loss’ : 100%.”
This circular shall be effective immediately.