Thursday, September 26, 2013

RBI asks banks to regularly review export credit limit

......"We have examined the issue and banks are advised that they may compute the overall export credit limits of the borrowers on an on-going basis say monthly based on the prevalent position of current assets, current liabilities and exchange rates and re-allocate limit towards export credit in foreign currency, as per the bank’s own policy," RBI said in a notification...........

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