Circular dated 01st July 2021 regarding Extension of Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit – RBI

  • 05th, July 2021
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Circular dated 01st July 2021 regarding Extension of Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit – RBI

  • Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, with the same scope and coverage, for a further period of three months, i.e., up to September 30, 2021.
  • The extension takes effect from July 01, 2021 and ends on September 30, 2021 covering a period of three months.
  • Consequently, the extant operational instructions issued by the Reserve Bank under the captioned Scheme shall continue to remain in force up to September 30, 2021.
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