Export Facilitation measures by RBI

COVID has dealt a death blow to the importers & exporters. To help them to deal with the challenges posed by pandemic as well as enhance India’s export competitiveness in the global market, the RBI through its Statement on Development and Regulatory Policy (part of Bi-monthly Monetary Policy Statement) has brought in certain changes to Export- Import transaction processing. This note is a gist to the changes made by RBI to facilitate external trade.

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