Mumbai: The has reduced the time limit for realisation of into India to nine months from 15 months as part of broader measures to support and India’s .
With this move, exporters will be required to to India within nine months of shipment, a shorter timeframe to bring back earned foreign exchange against the 15-month timeframe available so far. “As the repatriation timeline for exports gets shortened, it can accelerate the inflows of ,” said Punnet Pal, head of fixed income at .
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