Chapter-2 Banking Offences

Section 11: Not to stop credit facility in the way to loss working project of borrower

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A Bank or Financial Institution which has once provided the first instalment after approving a credit facility for a project of the borrower, without sufficient basis and important reason, shall not stop the remaining instalments in-between in the way to loss working project of the borrower.

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Section 11: Not to stop credit facility in the way to loss working project of borrower

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