Mumbai, March 31 The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance for disbursements made until June 30, citing ongoing logistical disruptions due to the ongoing West Asia crisis.The central bank had...
all-india financial institutions
commercial banks
cooperative banks
disbursement period
exportcreditexport finance
export financing
financial regulations
geopolitical uncertainty
india
logistical disruptions
non-banking financial companies
repayment period
reserve bank of india
supply chain disruption
west asia crisis
Washington, March 21 – Alarmed by China’s growing financial influence in South Asia, US lawmakers have pointed to mounting debt in countries like Pakistan and Sri Lanka as they pushed to strengthen American tools to compete with Beijing’s global lending.During a congressional hearing this week...
china
congressional hearings
critical minerals
debt diplomacy
economic competition
exportcreditexport-import bank
financial lending
infrastructure
pakistan
south asia
sri lanka
supply chain security
trade policy
united states
New Delhi, March 20 The government on Friday amended guidelines for interest subvention support for pre- and post-shipment export credit under the Rs 25,060 crore export promotion mission.According to the changes, interest subvention will not be applicable from the date on which the loan...
New Delhi, March 10 The auto component industry has requested uninterrupted supply of LPG/PNG for MSME foundry and forging units, or a reasonable period to switch to alternative fuels, amid the government's move to revise the priority order for allocating domestically produced natural gas due to...
aluminum scrap
auto components
chemical inputs
duty drawback
exportcreditexport logistics
forging
foundry
geopolitical risk
india
lpg
ministry of heavy industries
msme
natural gas
png
polypropylene
rodtep
supply chain
synthetic rubber
transition period
New Delhi, March 10 On Tuesday, exporters raised concerns about potential payment delays due to the ongoing West Asia crisis during a meeting with the Department of Financial Services, which assured them that the matter would be looked into, according to FIEO.Delays in shipments due to...
exportcreditexport finance
financial services
indian exporters
interest equalization scheme
letters of credit
logistics disruption
msmes
payment delays
red sea disruption
shipping documents
suez canal
trade finance
west asia crisis
working capital