IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Jun 2012 | Removal date: 30 May 2014
Still in force

Trade finance

Effective 30 June 2012, the Reserve Bank of India enhanced the limit of the Export Credit Refinance facility that scheduled banks can provide from 15% to 50% of the outstanding rupee export credit of the bank eligble for refinance.

AFFECTED COUNTRIES

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