Export credit interest ceilings set for rupee export credit, with specified short term categories capped and longer tenors deregulated. Reserve Bank directive prescribes maximum interest rates relative to the Benchmark Prime Lending Rate as ceiling rates for specified short term rupee export credit categories, including pre shipment and various post shipment facilities, credits against government incentives covered by guarantee, undrawn balances, and retention money; banks may charge lower rates, and interest on export credit beyond the prescribed tenors is deregulated, with banks free to determine rates in line with BPLR and spread guidance.