Global Trade Alert
Global Trade Alert

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India: Limit on export credit refinance facility reduced from October 2014

Description

Effective 10 October 2014, the Reserve Bank of India reduced the limit of the Export Credit Refinance facility that scheduled banks can access from 32% to 15% of their outstanding rupee export credit....

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

10 Oct 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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