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INR Trade Credit Guidelines 2015 by Hemant Pant is a document available to read on EtoBox.

What is INR Trade Credit Guidelines 2015 about?

The Reserve Bank of India has created some flexibility in provisions regarding raising trade credit from overseas suppliers, banks, and financial institutions for imports into India. Under the new guidelines: 1. Trade credit can now be raised in Indian Rupees (INR) for the import of all goods except gold, within certain timeframes - up to one year for non-capital goods and up to five years for capital goods. 2. Overseas lenders of INR denominated trade credits will be eligible to hedge their exposure in

Author

Hemant Pant

Language

EN