Ref No. CGTMSE / 03/ 2263                                                        July 08, 2015

 

 

Member Lending Institutions of CGTMSE

 

Kind Attention: SME/Priority Sector Department

 

 

Circular No. 92/2015-16

  

Dear Sir,

 

Charging of Annual Service Fee (ASF)/ Annual Guarantee Fee (AGF) at differential rates depending upon NPA levels of MLIs

 

Please refer to our Circular No. 88/2015-16 dated April 17, 2015 for charging Annual Service Fee (ASF) /Annual Guarantee Fee (AGF) at differential rates depending upon level of NPAs of Member Lending Institutions (MLIs) in respect of the guarantee approved by the Trust on or after July 01, 2015. In this connection, we inform you that the said guidelines are being reviewed and thus, the effective date for levying the differential rates has now been shifted to October 01, 2015 as against July 01, 2015 indicated earlier. The other contents of our Circular No. 88/2015-16 dated April 17, 2015 remain unchanged.

Kindly bring the contents of this Circular to the notice of your all offices.

 

Yours faithfully,

Sd/-

(S. S. Bakshee)

General Manager