Trade Credit News

Industry

RBI enhances scope of non-resident rupee accounts

Further, the RBI, in consultation with the government, decided to rationalise certain other provisions for SNRR AccountOther purposes for allowing such a move are for export or import invoicing and business related transactions outside International Financial Service Centre, all in INR

1 min read23 Nov 2019
Industry

PNB fraud adds to rupee’s woes as banks may curb trade credit

PNB fraud of Rs11,400 crore is casting its shadow over the rupee, already the second-worst performer in Asia this month, as banks tighten the availability of trade finance

1 min read23 Feb 2018
Industry

China set to unveil cap-and-trade auto emission, mileage rules

China may announce this week a mandatory cap-and-trade credit programme for electric cars, according to the China Association of Automobile Manufacturers

1 min read11 Sep 2017
Money

Deductible is the amount of loss borne by the insured

The intent behind the deductible is to discourage small claims and cover cost of processing a claim

1 min read14 Oct 2014
Politics

RBI allows firms to draw trade credit for capital goods imports

Companies can now avail trade credit of up to $20 million for a period up to five years for import of capital goods

1 min read25 Sep 2013
Opinion

Chart of the day | Growth in trade credit slows

Chart of the day | Growth in trade credit slows

1 min read12 Jul 2012

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles