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Global Trade Alert

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India: Limit on export credit refinance facility reduced (June 2014)

Description

Effective 3 June 2014, the Reserve Bank of India (RBI) reduced the limit of the Export Credit Refinance facility that allows banks to raise funding from the RBI to a certain extent of the export credi...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

03 Jun 2014

Revocation date

02 Oct 2014

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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