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POST SHIPMENT CREDIT
Brazil’s cotton farmers cash in on rally fueled by obstacles worlds awayBrazilian cotton farmers are poised to profit from a significant price rally, driven by geopolitical tensions impacting synthetic fiber pro...- FM asks lenders to go beyond standard loans, design credit repayments around biz cyclesFinance Minister Nirmala Sitharaman has called on banks to move beyond standard loan products. She emphasized the need for repayment struct...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Micron stock jumps 14% to all-time high of $742.15, skyrocketing 690% in one year: Is AI demand transforming MU stock into the heart of the semiconductor revolution?Micron stock price shocked Wall Street after surged 14% and touched $738.12 in one of the biggest semiconductor rallies of 2026. The jump i...
- Exporters seek removal of cap on interest subventionIndian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counte...
- RBI extends export credit window to June 30 amid West Asia disruptionsThe Reserve Bank of India has extended export credit deadlines. Exporters can now get pre- and post-shipment finance for up to 450 days on ...
- Govt amends norms for exporters availing the interest subvention supportNew rules for export credit interest subvention are now in effect from January 2. Exporters will not receive benefits if their loan becomes...
- Government amends guidelines for interest subvention support for export creditAs per the changes, interest subvention shall not be admissible from the date on which the loan account is classified as a non-performing a...
- Govt may give 2.5-3 pc subsidy benefits under Interest Equalisation Scheme for exportersThe government is set to offer exporters in specific sectors a 2.5-3% subsidy on pre- and post-shipment credit through the Interest Equalis...
- Budget 2025: Commerce Min may seek 5-year extension of interest equalisation scheme for exportersUnion Budget 2025: The commerce ministry plans to request an extension of the interest equalisation scheme for rupee export credit in the u...
- Commerce ministry suggests banks to provide export credit in foreign currency to e-commerce exportersThis assumes significance as the new Foreign Trade Policy 2023 is also aimed at promoting exports through the e-commerce medium.
- How to avail post-shipment credit and what should exporters be aware ofThe Commerce Ministry initiated post-shipment credit as a short-term trade finance solution to help exporters tide over their working capit...
- Lenders weigh measures to soften outbreak blowBanks are collating information, and IBA will then forward the recommendations to RBI, said Sunil Mehta.
- Indian banks to appeal for relief on bad loans amid coronavirus concernsThe coronavirus pandemic has sparked concerns about a fresh surge in bad loans at Indian banks.
- Interest subsidy hike for MSME exporters to enhance competitiveness: FIEOThe government announced several steps including increasing interest subvention on pre-shipment and post-shipment credit for MSME exporters...
- RBI extends time for concessional interest ratesThe Reserve Bank has extended the period, during which exporters are allowed to enjoy concession on their overdue credit, to 180 days again...
- Exporters for more sops as orders dry upDemands put out by the Federation of Indian Export Organisations to the government includes providing cheaper credit to exporters for a lon...
- Scheme of cheap credit for exporters extendedRupee-hit exporters will continue to get bank credit at concessional rates for pre-shipment and post-shipment till October 31, 2008.
- RBI extends Re export credit rates for six monthsExporters will continue to get rupee credit up to benchmark prime lending rate minus 2.5 per cent per annum for another six month till Octo...
- Govt weighs option of liberalising export creditMore goodies for exporters are on the cards. The government is considering liberalising export credit and this could come as an announcemen...
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