Rupee and foreign currency export credit: Base Rate, PCFC, EBR, running accounts, reporting, subvention, gold card Master Circular consolidates RBI rules on rupee and foreign currency export credit: definitions, pre and post shipment packing credit terms, liquidation, running account conditions, and safeguards against double financing; mandates Base Rate pricing for rupee export credit from 1 July 2010 with prior BPLR ceilings and ECNOS treatment; details PCFC (LIBOR/EURO LIBOR/EURIBOR linked) and EBR schemes with funds sources, spreads, periods, recourse treatment and non eligibility for RBI refinance; prescribes interest subvention pass through, Gold Card privileges, Kimberley Process undertakings for diamonds, customer service standards and quarterly reporting with export credit performance targets.
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Rupee and foreign currency export credit: Base Rate, PCFC, EBR, running accounts, reporting, subvention, gold card
Master Circular consolidates RBI rules on rupee and foreign currency export credit: definitions, pre and post shipment packing credit terms, liquidation, running account conditions, and safeguards against double financing; mandates Base Rate pricing for rupee export credit from 1 July 2010 with prior BPLR ceilings and ECNOS treatment; details PCFC (LIBOR/EURO LIBOR/EURIBOR linked) and EBR schemes with funds sources, spreads, periods, recourse treatment and non eligibility for RBI refinance; prescribes interest subvention pass through, Gold Card privileges, Kimberley Process undertakings for diamonds, customer service standards and quarterly reporting with export credit performance targets.
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