Timely Disposal of Credit Applications
Sanction of Facilities:
The Bank will endeavor to dispose all credit applications by its operational units in respect of various discretionary authorities as under:
Category / Sector
limit for sanction
Proposals under Anti-Poverty Programmes / Government sponsored Schemes
Proposals from SSI & Other priority sectors with limits of less than Rs 10 lakh
Proposals under Retail Banking Schemes
Proposals for Export Finance
Proposals for sanction of fresh/enhancement of credit limits.
Proposals for renewal of existing limits
Proposals for sanction of ad-hoc credit facilities
In all other cases:
Proposals for sanction of fresh/ enhancement of credit limits.