2. In light of the shipping industry's significance in overall economic development and foreign exchange savings, shipping industry has been allowed to avail LTFF/ILTFF subject to the following terms and conditions:

1. Refinance will be allowed for purchase of ships & vessels as per existing rate & tenor of LTFF/ILTFF.

Sources:

No. IH&SMEFD/8230/2020 dated July 15, 2020

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