https://www.taxtmi.com/news?id=27259 Banks and insurers were directed to strengthen facilitation for exporters and importers by proactively resolving trade-related bottlenecks while preserving due diligence and compliance. Banks should engage with clients to expedite resolution, coordinate with export promotion councils, classify problems for structured handling, consider seeking regulatory guidance from the central bank, and develop a standard operating procedure through the Indian Banks' Association. Insurance issues were discussed with the insurer regulator, which reported progress. en-us Tue, 06 Feb 2024 09:56:37 +0530 Tue, 06 Feb 2024 09:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27259 Banks and insurers were directed to strengthen facilitation for exporters and importers by proactively resolving trade-related bottlenecks while preserving due diligence and compliance. Banks should engage with clients to expedite resolution, coordinate with export promotion councils, classify problems for structured handling, consider seeking regulatory guidance from the central bank, and develop a standard operating procedure through the Indian Banks' Association. Insurance issues were discussed with the insurer regulator, which reported progress. News - Tue, 06 Feb 2024 09:56:37 +0530 https://www.taxtmi.com/news?id=27259