Business
Business related articles
The Authorized Dealer’s Obligations in respect of Exchange Control Regulation Related to Exports
October 12, 2018
The Authorized Dealer’s Obligations in respect of Exchange Control Regulation Related to Exports
The Authorized Dealer’s obligations in respect of Exchange Control regulation pertaining to exports in the following cases are discussed :…
The basic Exchange Control Regulations relating to Exports from India
October 12, 2018
The basic Exchange Control Regulations relating to Exports from India
What are the exchange control regulations regarding remittance of agency commission on exports, reduction in value of exports and exports…
The Formalities to be complied with by an Exporter under the Exchange Control Regulations and the control mechanism of Reserve Bank of India
October 12, 2018
The Formalities to be complied with by an Exporter under the Exchange Control Regulations and the control mechanism of Reserve Bank of India
The Reserve Bank ensures that the foreign exchange proceeds of goods are repatriated to India through the follow-up of export…
The responsibilities of an authorised dealer in handing an export documentary collection
October 5, 2018
The responsibilities of an authorised dealer in handing an export documentary collection
One of the services rendered by a commercial bank to exporters is collection of bills drawn by the latter on…
Why is Rupee Packing Credit Loan better than Pre-shipment Credit in Foreign Currency
October 4, 2018
Why is Rupee Packing Credit Loan better than Pre-shipment Credit in Foreign Currency
Apparently PCFC is advantageous as compared to the rupee packing credit due to interest differential and avoidance of conversion cost.…
The salient features of the pre-shipment credit in foreign currency for exporters
October 4, 2018
The salient features of the pre-shipment credit in foreign currency for exporters
Under the pre-shipment credit in foreign currency (PCFC) exporters are allowed to avail pre-shipment credit in convertible currency at interest…
Action in respect of export packing credit facility
October 4, 2018
Action in respect of export packing credit facility
What action will you take in respect of the following cases? (i) Your customer wants packing credit from you against…
What is Export Packing Credit Facility
October 4, 2018
What is Export Packing Credit Facility
1. Definition. A pre-shipment credit or packing credit means any loan or advance granted to an exporter for financing the…
The financial assistance extended by Authorised Dealers in India for financing exports
October 4, 2018
The financial assistance extended by Authorised Dealers in India for financing exports
The ways in which banks in India provide short-term export finance and the types of assistance available to banks from…
Formalities to be completed by an Indian importer and his banker for financing import of capital goods
October 4, 2018
Formalities to be completed by an Indian importer and his banker for financing import of capital goods
All loans or credits secured by persons resident in India from non-residents (abroad) as also repayment of such loans/credits and…