1. PPG 2011 approved by the BoD on 126th meeting held on 26 February, 2012.

2. PPG 2017 placed on EC-3071/17 dated 16 April, 2017 and recommend to place to
board for approval.

observation
* already company with PPG 2017 regarding Assignment letter to debtors from the
client, from IPDC & confirmation letter from debtor, standing instruction for
transfer of funds, confirmation of marking lien and transfer of fund, Credit memo,
Disbursement subdelegation.
** existed PPG 2011 not cover work order finance, STF and excess over limit.
* approval authority limit, speciman mentioneed in ppg 2017 debt collectivity
rating model.
* previous ppg had not specifically mention maximum credit term period, grace
period