Gold Card Scheme for Exporters

RBI has reiterated that the instructions relating to the Gold Card Scheme for Exporters as contained in the Master Circular  Master Circular DBR No.DIR.BC.14/04.02.002/2015-16 dated July 01, 2015, wherein detailed instructions on ‘Gold Card Scheme for Exporters’ are given, be strictly implemented and the branch level functionaries suitably sensitised in this regard. This comes in view of RBI receiving representations from exporters and their Associations that the banks are not extending the benefits under the Gold Card Scheme as per extant instructions.

RBI also advised to give adequate publicity to the Scheme for the benefit of exporters.

Source: rbi.org.in