Global Trade Alert
Global Trade Alert

India: Increase in all-in-cost ceilings for availing import trade credits

Announcement

15 Nov 2011

In November 2011, the government of India announced a change in its trade finance instruments.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

15 Nov 2011

Revocation date:

No revocation date

Trade finance In force

On 15 November 2011, the Reserve Bank of India (RBI) increased the all-in-cost ceiling for availing import trade credits from 200 bps to 350 bps over 6 months LIBOR. The all-in-cost ceiling refers t...

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