RBI/ 2010-11/71
DBOD No.DIR. (Exp).BC. 06 /04.02.002/2010-11
July 1, 2010
10 Ashadha, 1932 (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.07/04.02.02/2008-09 dated July 1, 2009 on the captioned subject
which is now updated up to 30th June 2010. 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,
(A.K.Khound)
Chief General Manager