Powered by InfodriveIndia.com

Data on Project Export Finance, RBI A P D (Series)Circular No 71/2007, 08-06-2007


Date: 08-06-2007
Notification No: RBI A P D (Series)Circular No 71/2007
Issuing Authority: RBI  
Type: A.P.D.(Series) Circulars
File No: RBI/2006-2007/432
Subject: Data on Project Export Finance

Data on Project Export Finance

RBI/2006-2007/432
A.P. (DIR Series) Circular No.71

June 8, 2007

To
All Category- I Authorised Dealer Banks
Madam / Sirs,

Data on Project Export Finance

  1. Attention of Authorised Dealers Category I (AD Category-I) banks is invited to para B.7 of 'Memorandum of Instructions on Project and Service Exports' (PEM) issued vide AP (DIR Series) Circular No.32 dated October 28, 2003, which, inter alia, delegated powers to Authorised Dealers / EXIM Bank to accord post award approval for projects not exceeding USD 100 million, subject to the fulfillment of the conditions stipulated therein. Proposals exceeding USD 100 million are considered by the Working Group.

  2. At present, consolidated data in respect of the project exports by the Indian banking system is not available at one place as the data on post-award approval is maintained by the concerned Project Approving Authority. In order to facilitate compilation of consolidated data on project export contracts / supply contracts on deferred payments on an all India basis, AD Category-I banks are advised to henceforth send a copy of post award approvals for project export contracts / supply contracts on deferred payment basis, as and when such approvals are accorded by them, to the Export-Import Bank of India, Centre-I, 21st Floor, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005. The data in *Xls format (Annex) should also be mailed to EXIM Bank.

  3. AD - Category I banks may bring the contents of this circular to the notice of their constituents and customers concerned.

  4. The Directions contained in this circular have been issued under Sections 10 (4) and 11 (1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.

Yours faithfully,
Salim Gangadharan
Chief General Manager

       


Enquiry Form

Fields marked with an asterisk * are required.

 




What is New?

Date: 22-04-2015
Customs Notification No. 15/2015-Customs (ADD)
Seeks to further amend Notification No 6/2011 - Customs dated 7/2/2011

Date: 22-04-2015
Customs Notification No. 16/2015-Customs (ADD)
Seeks to to extend the validity of Notification No 36/2011- Customs (ADD) dated 18.04.2011 for a further period of one year

Date: 20-04-2015
Customs Circular No 14/2015
Foreign Trade Policy 2015 - 2020 –Salient changes in Schemes of reward or incentive / advance authorization or DFIA / EPCG or post export EPCG

Date: 20-04-2015
Notification No 03/ 2015-2020
Export policy of sugar

Date: 17-04-2015
RBI/2014-15/561 A.P. (DIR Series) Circular No. 95
Foreign Direct Investment (FDI) – Reporting under FDI Scheme on the e-Biz platform

Date: 17-04-2015
Customs Notification No. 27/ 2015
Seeks to further amend Notification No. 12/2012-Customs dated 17th March 2012

Date: 17-04-2015
Central Excise Notification No 22/2015
Seeks to further amend Notification No. 12/2012-Central Excise dated 17th March 2012

Date: 17-04-2015
Customs Notification No. 14/2015-Customs (ADD)
Seeks to extend the validity of notification No 120/2010- Customs (ADD) dated 01.12.2010 for a further period of one year

Date: 16-04-2015
Customs Notification No 39/2015 (NT)
Seeks to amend Notification No. 44/91-Customs dated 30.5.1991

Date: 16-04-2015
Customs Notification No 40/2015 (NT)
Seeks to amend Notification No. 110/2014-Cus(NT) dated 17.11.2014