Exports
- Business
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…
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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…
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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.…
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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…
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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…
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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…
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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…
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