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The Reserve Bank of India (RBI) issued a Master Circular on April 1, 2025, introducing new guidelines for Primary (Urban) ...
In the fast-paced world of international trade, where high-value transactions are the norm, managing risk and ensuring smooth payments is crucial. One key solution that stands out is the letter ...
The Reserve Bank of India has issued draft directions to streamline and regulate non-fund based (NFB) credit facilities, such as guarantees and letters of credit, across all regulated entities (REs) ...
RBI also plans to revise instructions related to partial credit enhancement, fulfilling a key budget announcement made by FM ...
The Reserve Bank of India (RBI) today issued comprehensive draft norms regulating non-fund-based (NFB) credit limits such as ...
The payment is due following a prepayment request of its German step-down subsidiary, GMB Glasmanufaktur Brandenburg GmbH (GMB) of its loan.
Under this agreement, the African Development Bank will offer a guarantee of up to 100% to confirming banks against non-payment risks related to trade finance instruments such as letters of credit.