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 ...

The Reserve Bank of India (RBI) has discontinued the automatic caution listing of exporters in Export Data Processing and Monitoring System (EDPMS) to provide them flexibility in realization of export ...

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.

Mumbai [India], April 21 (ANI-Businesswire India): The EDPMS (Export Data Processing and Monitoring System) which has been introduced by the Reserve Bank of India (RBI) to monitor payments against ...

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 ...

Mumbai, May 26 () RBI today said exporters can be put on a "caution" list in case the trader is not making any efforts for realisation of export proceeds or on the recommendation of investigative ...

The office of the commissioner of customs at Jawaharlal Nehru Customs House (JNCH), Nhava Sheva, Mumbai has started issuing notices to exporters of various sectors including pharma in order to recover ...

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 ...