Government-supported line of credit sets export-content, disbursement timelines and reporting obligations under foreign exchange regulations.
A Government of India-supported Line of Credit from Exim Bank to Burundi finances farm mechanization and limits eligible contracts to goods, machinery, equipment and services permitted under India's Foreign Trade Policy. At least 75% of contract value must be supplied from India, with up to 25% procured abroad. The LOC sets separate disbursement timeframes for project export and supply contracts and requires shipments to be declared on EDF/SDF forms. Agency commission is not payable from the LOC; exporters may use their own funds or EEFC balances subject to AD Category I bank compliance and realization of contract proceeds.

Exchange facility for foreign citizens extended; authorised persons to continue limited weekly conversion of foreign currency into Indian notes.
The Reserve Bank extended existing instructions permitting foreign citizens to exchange foreign exchange for Indian currency notes under a prescribed weekly limit, directing Authorised Persons to continue administering the facility and inform their constituents; the directions are issued under the Foreign Exchange Management Act, 1999 and without prejudice to other statutory permissions.