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RBI Permits Importers to Raise Trade Credit in Rupees - (15 Sep 2015)

Reserve Bank of India (RBI) has allowed resident importers to raise trade credit in rupees, with riders. It can be raised after entering into a loan agreement with a foreign lender. The trade credit period for import of capital goods can be up to five years from date of shipment.

Tags : RBI   TRADE CREDIT  

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