RBI/2011-12/60
DBOD No.DIR. (Exp).BC.04/04.02.002/2011-12
July 1, 2011
10 Ashadha, 1933 (Saka)
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam,
MASTER CIRCULAR ON
RUPEE / FOREIGN CURRENCY EXPORT CREDIT
& CUSTOMER SERVICE TO EXPORTERS
As you are aware, in order to have all current instructions on the subject at
one place, the Reserve Bank of India had issued a
Master Circular DBOD.DIR(Exp.)
No.06/04.02.002/2010-11 dated July 1, 2010 on the captioned subject which is now
updated up to 30th June 2011. It may be noted that the Master Circular
consolidates and updates all the instructions contained in the circulars listed
in the Appendices, in so far they relate to providing export credit by banks to
the exporters. This Master Circular also incorporates instructions contained in
certain clarifications issued by RBI to banks / exporters / export organizations
during the course of the year. The Master Circular has also been placed on the
RBI web-site (www.rbi.org.in.). A copy of the revised Master Circular is
enclosed.
Yours faithfully,
(P.R.Ravi Mohan)
Chief General Manager
Encls : As above