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

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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