RBI Increase Buyers Credit All-in-Cost Ceiling

RBI reviewing the developments in global finance markets and the fact that domestic importers are experiencing difficulties in raising Trade Credit (Buyers Credit / Suppliers Credit) within the existing all-in-cost ceiling, RBI has made below changes in the existing policy. Revision in Interest Rate for tenure Upto 3 years : From 6 Month LIBOR + 200 bps to … Continue reading RBI Increase Buyers Credit All-in-Cost Ceiling