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<h1>New Guidelines for Reporting Trade Credit Approvals: Key Details and Certification Requirements per A.P. (DIR Series) Circular No. 87</h1> The format and reporting requirements for trade credit approvals granted by branches, as per the A.P. (DIR Series) Circular No. 87 dated April 17, 2004. It includes details such as loan identification, borrower category, lender information, currency, amount, interest rates, and the type of credit (Supplier's Credit, Buyer's Credit, Short-term, or Long-term). Additionally, it covers the disbursement, utilization, and debt servicing of trade credits, and requires certification by the Authorized Dealer. The document also briefly mentions the methods for Indian companies to access external commercial borrowings.
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