Global Trade Alert
Global Trade Alert

India: Export credit refinance facility enhanced

Announcement

30 Jun 2012

In June 2012, the government of India announced a change in its trade finance instruments.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

30 Jun 2012

Revocation date:

30 May 2014

Updated: 30 Jun 2012
Trade finance

Effective 30 June 2012, the Reserve Bank of India enhanced the limit of the Export Credit Refinance facility that scheduled banks can provide from 15% to 50% of the outstanding rupee export cr...

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