News
03 December 2018

RBI ups post and pre-shipment export credit subsidy

Region:
Asia-Pacific

Reserve Bank of India (RBI) has upped the interest subsidy on post and pre-shipment export credit to 5% from 3% in a bid to boost micro and SME sector exports. The increased subsidy is also backdated to deals from 2 November 2018 onwards. Exporters get the subsidy under the ‘Interest...

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