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Global Trade Alert

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India: Removal of interest rate ceiling on Rupee Export Credit

Description

On 23 April 2010, the Reserve Bank of India (RBI) through Circular MPD.BC. 330/07.01.279/2009-10 announced the removal of the interest rate ceiling on pre-/post-shipment Rupee Export Credit. Under the...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jul 2010

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 Products

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