June 4, 2021<\/p>\n\n\n\n
All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks)
All Primary (Urban) Co-operative Banks\/State Co-operative Banks\/ District Central Cooperative Banks
All All-India Financial Institutions
All Non-Banking Financial Companies (including Housing Finance Companies)<\/p>\n\n\n\n
Madam \/ Dear Sir,<\/p>\n\n\n\n
A reference is invited to the circular DOR.STR.REC.12\/21.04.048\/2021-22<\/strong> on \u201cResolution Framework 2.0 \u2013 Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)\u201d dated May 5, 2021.<\/p>\n\n\n\n 2.<\/strong> Clause 2 of the above circular specifies the eligibility conditions for MSME accounts to be considered for restructuring under the framework, which inter alia include sub-clause (iii) which states that the aggregate exposure, including non-fund based facilities, of all lending institutions to the MSME borrower should not exceed \u20b925 crore as on March 31, 2021.<\/p>\n\n\n\n 3.<\/strong> Based on a review, it has been decided to enhance the above limit from \u20b925 crore to \u20b950 crore.<\/p>\n\n\n\n \u201c(v) The borrower\u2019s account was not restructured in terms of the circulars DOR.No.BP.BC\/4\/21.04.048\/2020-21 dated August 6, 2020; DOR.No.BP.BC.34\/21. 04.048\/2019-20 dated February 11, 2020;<\/strong> or DBR.No.BP.BC.18\/21.04.048\/2018-19 dated January 1, 2019 <\/strong>(collectively referred to as MSME restructuring circulars) or the circular DOR.No.BP.BC\/3\/21.04.048\/2020-21 dated August 6, 2020<\/strong> on \u201cResolution Framework for COVID-19-related Stress.\u201d<\/p>\n\n\n\n