Master Circular on RUPEE / FOREIGN CURRENCY EXPORT CREDIT & CUSTOMER SERVICE TO EXPORTERS - FEMA - 30 - DBOD No.DIR. (Exp).BC 01 /04.02.02/2007-08

Master Circular on RUPEE / FOREIGN CURRENCY EXPORT CREDIT CUSTOMER SERVICE TO EXPORTERS RBI/ 2007-2008/30 DBOD No.DIR. (Exp).BC 01 /04.02.02/2007-08 July 2, 2007 Aashadha 11, 1929 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sirs, 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 three Master Circulars viz.(i)DBOD.DIR(Exp.)No.01/04.02.02/2006-07 dated July 1, 2006 on Rupee Export Credit (ii) DBOD.DIR(Exp.)No.02/04.02.02/2006-07 dated July 1, 2006 on Export Credit in Foreign Currency and (iii) DBOD.DIR(Exp.)No.03/04.02.02/2006-07 dated July 1, 2006 on Export Credit -Customer Service, Simplification of Procedures for Delivery and Reporting Requirements, which are now updated up to 30 th June 2007. All the three earlier Master Circulars have been now consolidated. A copy of the revised Master Circular is enclosed. 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 borrowers. 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 (http://www.rbi.org.in). Yours faithfully, (P. Vijaya Bhaskar)Chief General Manager Click the following link to see the master circular Master Circular on Rupee / Foreign Currency Export Credit Customer Service to Exporters