Search: EXIM Bank
2stories
September 2026
-
FEMA & RBIExim Bank’s ₹4,850 crore line of credit to Maldives: at least 75% of contract value to be supplied from India, no agency commission — A.P. (DIR Series) Circular No. 22
₹4,850 crore LoC to MaldivesNew facilityRBI has notified the terms of the Government of India supported Line of Credit of ₹4,850 crore extended by Exim Bank to the Government of Maldives for developmental projects. The agreement is effective from 27 August 2026. Goods, works and services worth at least 75% of the contract price must be supplied from India, and no agency commission is payable on exports under the LoC.
August 2026
-
Foreign TradeInterest subvention on export credit: EXIM Bank replaces RBI as implementing agency from 1 April 2026
RBI → EXIM BankRule changeTrade Notice 17/2026-27 records the transition under the Export Promotion Mission – Niryat Protsahan. Banks will now claim reimbursement from EXIM Bank; the benefit still reaches the MSME exporter upfront.
The morning brief
One email each working morning with the day’s tax, GST and company-law news. It is starting soon; leave your address and it comes to you from day one.