https://www.taxtmi.com/news?id=761 Regulatory measures relax credit conditions for exporters by extending tenors, broadening refinance and liquidity support, and adjusting permissible interest ceilings. The Reserve Bank increased the duration of pre shipment and post shipment rupee export credit, permitted longer realization periods for certain exporters, extended prescribed interest rate applicability to overdue post shipment bills, expanded Export Credit Refinance availability, allocated refinance to EXIM Bank for export lending, provided short term forex swap liquidity to banks, raised the foreign currency export credit ceiling and lines of credit margin, reintroduced targeted interest subvention for employment oriented sectors, and allowed consideration of premature FCCB buy backs. en-us Wed, 25 Feb 2009 17:37:32 +0530 Wed, 25 Feb 2009 17:37:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=761 Regulatory measures relax credit conditions for exporters by extending tenors, broadening refinance and liquidity support, and adjusting permissible interest ceilings. The Reserve Bank increased the duration of pre shipment and post shipment rupee export credit, permitted longer realization periods for certain exporters, extended prescribed interest rate applicability to overdue post shipment bills, expanded Export Credit Refinance availability, allocated refinance to EXIM Bank for export lending, provided short term forex swap liquidity to banks, raised the foreign currency export credit ceiling and lines of credit margin, reintroduced targeted interest subvention for employment oriented sectors, and allowed consideration of premature FCCB buy backs. News - Wed, 25 Feb 2009 17:37:32 +0530 https://www.taxtmi.com/news?id=761