Export credit framework: consolidated rules on eligibility, pricing and operational mechanics for rupee and foreign currency export finance. Master Circular consolidates RBI instructions on provision, pricing, tenure, liquidation and reporting of rupee and foreign currency export credit, specifying eligible pre shipment and post shipment advances, concessive treatment conditions, running account and substitution rules, interest ceiling frameworks linked to BPLR and LIBOR family rates with defined time buckets and overstaying consequences, PCFC and EBR operational mechanics and sources of funds, restrictions on refinance, and customer service, sanctioning and reporting requirements including Gold Card, compensation for delayed credit and state level oversight.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Export credit framework: consolidated rules on eligibility, pricing and operational mechanics for rupee and foreign currency export finance.
Master Circular consolidates RBI instructions on provision, pricing, tenure, liquidation and reporting of rupee and foreign currency export credit, specifying eligible pre shipment and post shipment advances, concessive treatment conditions, running account and substitution rules, interest ceiling frameworks linked to BPLR and LIBOR family rates with defined time buckets and overstaying consequences, PCFC and EBR operational mechanics and sources of funds, restrictions on refinance, and customer service, sanctioning and reporting requirements including Gold Card, compensation for delayed credit and state level oversight.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
