March 13, 2018 / 12:49 PM / 9 months ago

BRIEF-RBI Says Discontinuance Of Letters Of Undertaking & Letters Of Comfort For Trade Credits

March 13 (Reuters) - Reserve Bank of India:

* DISCONTINUANCE OF LETTERS OF UNDERTAKING (LOUS) AND LETTERS OF COMFORT (LOCS) FOR TRADE CREDITS

* TO DISCONTINUE ISSUANCE OF LOUS/ LOCS FOR TRADE CREDITS FOR IMPORTS INTO INDIA BY AD CATEGORY –I BANKS WITH IMMEDIATE EFFECT Source text - bit.ly/2p8Xnyk

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below