The RBI will now permit the banks to offer long-term advances to exporters to facilitate long-term supply contact with exporters. The exporters must have a minimum of 3yrs satisfactory record and must not have come under the adverse notice of Enforcement Directorate or any such regulatory agency. They must have irrevocable orders in place with a clearly vetted contract that … [Read more...] about RBI Permits Longterm Credit To Exporters