IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 07 Feb 2015 | Removal date: open ended
Still in force

Trade finance

Since 7 February 2015, the RBI subsumed the ECR within their regular liquidity provision framework wherein the RBI lends money to the commercial banks for contracts of varying maturity dates. No explicit provision is therefore made for export based refinancing.

AFFECTED COUNTRIES

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TABLE
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