Announcement
15 Nov 2011
In November 2011, 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
31 Mar 2012
Revocation date:
30 Apr 2012
Updated: 15 Nov 2011
Trade finance
On 15 November 2011, the Reserve Bank of India through Circular DBOD.DIR. No. 52 /04.02.001/2011-12 increased the interest ceiling rate on export credit in foreign currency.
The ceiling rates vary d...
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