RBI the notification regarding Interest Rate ceiling on Rupee Export Credit, The highlights of notification are as follows: Interest Rate Ceiling on Rupee Export Credit Please refer to our circular No. MPD.BC.326/07.01.279/2009-10 dated October 28, 2009 in terms of which the ceilings on interest rates on pre-shipment rupee export credit up to 270 days and
RBI Issued the notification regarding interest subvention on rupee export credit to some specified sectors the high light of the notification are as follows: Rupee Export Credit Interest Rates Please refer to our circular DBOD.Dir.(Exp).BC.No.26 /04.02.001/2009-10 dated July 31, 2009. In this connection, the Government of India has decided to extend Interest Subvention of 2
PUBLIC NOTICE NO. 57 / 2009-2014 NEW DELHI, DATED THE 21ST April, 2010 In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of the Handbook of Procedures (Vol.I), the Director General of Foreign Trade hereby makes the following amendments in the “Schedule of DEPB Rates” (as amended
The Reserve Bank of India yesterday notified that the aggregate share holdings in Union Bank of India by Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have reached the trigger limit of their paid up capital. Therefore, further purchases of equity shares in the primary/secondary market of this
RBI announced the Monetary Policy for 2010-11 on 20th April 2010, the key points of policy is as follows: Global Context This monetary policy for 2010-11 is set against a rather complex economic backdrop. Although the situation is more reassuring than it was a quarter ago, uncertainty about the shape and pace of global recovery
