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of <h1>RBI Extends All-In-Cost Ceiling for Trade Credits on Imports Until March 31, 2013, Review Planned Thereafter.</h1> The Reserve Bank of India (RBI) has announced that the existing all-in-cost ceiling for Trade Credits for imports into India, as outlined in a previous circular from November 15, 2011, will remain effective until March 31, 2013, with a review planned thereafter. Other aspects of the Trade Credit policy remain unchanged. Authorized Dealer Category-I banks are instructed to inform their clients of this update. This directive is issued under the Foreign Exchange Management Act, 1999, and does not affect any other legal permissions or approvals that may be required.
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