Delhi HC: Non-Proof of Hearing Notice Dispatch Doesn’t by Itself Show no Personal Hearing Was Given || Delhi High Court: No Construction or Residence Allowed on Yamuna Floodplains, Even For Graveyards || J&K High Court: Right to Speedy Trial Includes Appeals; Closes 46-Year-Old Criminal Case Due to Delay || J&K High Court: Courts Must Not Halt Corruption Probes, Refuses to Quash FIR || J&K&L HC: Matrimonial Remedies May Overlap, But Cruelty Claims Cannot be Selectively Invoked || Delhi High Court: Customs Officials Acting Officially Cannot be Cross-Examined as of Right || J&K&L HC: Second Arbitral Reference is Maintainable if Award is Set Aside Without Deciding Merits || J&K&L HC: Gold Voluntarily Given to Customer is 'Entrustment'; Theft Excluded from Insurance Cover || Delhi HC: Working Mothers Cannot be Forced to Bear Full Childcare Burden While Fathers Evade Duty || J&K&L HC: Arbitral Tribunal Not a “Court”; Giving False Evidence Before it Doesn’t Attract S.195 CrPC

Interest Equalization Scheme on pre and post shipment rupee export credit - extension- (Reserve Bank of India) (01 Jul 2021)

MANU/RMIC/0093/2021

Banking

1. This is with reference to the instructions issued vide circular DOR.CRE.REC.06/04.02.001/2021-22 dated April 12, 2021.

2. Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, with the same scope and coverage, for a further period of three months, i.e., up to September 30, 2021. The extension takes effect from July 01, 2021 and ends on September 30, 2021 covering a period of three months.

3. Consequently, the extant operational instructions issued by the Reserve Bank under the captioned Scheme shall continue to remain in force up to September 30, 2021.

Tags : INTEREST EQUALIZATION SCHEME EXTENSION

Share :