Export credit consolidation updates bank instructions, merging domestic and foreign export credit and customer-service rules. Consolidated master circular merges prior guidance on domestic export credit, foreign currency export credit and customer service to exporters, updating instructions to 30th June 2007. Directed to all Scheduled Commercial Banks (excluding RRBs), it sets out eligibility, permissible credit forms, procedural simplifications for delivery, reporting obligations, and incorporates clarificatory instructions issued during the year; the consolidated text is published on the regulator's website.
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Export credit consolidation updates bank instructions, merging domestic and foreign export credit and customer-service rules.
Consolidated master circular merges prior guidance on domestic export credit, foreign currency export credit and customer service to exporters, updating instructions to 30th June 2007. Directed to all Scheduled Commercial Banks (excluding RRBs), it sets out eligibility, permissible credit forms, procedural simplifications for delivery, reporting obligations, and incorporates clarificatory instructions issued during the year; the consolidated text is published on the regulator's website.
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