With the RBI’s temporary relaxation on small-value shipping bill closures expiring on 31 March 2025, experts stress that periodic extensions are not a sustainable solution With India's ecommerce ...

Exporters face charges on each shipping bill closure, often losing 50 to 60 per cent of the shipment value to banking and compliance fees India’s ecommerce exports are poised to contribute ...

Textile exporters fear that their names might figure in the Reserve Bank of India’s caution list after April 20, 2017 deadline - set for updating the shipping bills by banks - for no fault of theirs.

The RBI also introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors and indicated an accommodative stance going ahead. (Reuters) RBI today said ...

Tirupur: The knitwear industrialists here has raised concern that the deadline for updating Export Data Processing and Monitoring System (EDPMS), December 31, could not be met and demand to extend the ...