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RBI's Relaxation on Realisation and Repatriation of Export Proceeds

The Government of India, as well as the Reserve Bank, has been receiving representations from Exporters Trade bodies to extend the period of realisation of export proceeds in view of the outbreak of pandemic COVID- 19. It has, therefore, been decided, in consultation with the Government of India, to increase the present period of realization and repatriation

The official document can be read here

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The Reserve Bank of India's (RBI) recent relaxation on the realisation and repatriation of export proceeds represents a significant shift towards enhancing the liquidity and operational flexibility of exporters. This policy change can be particularly beneficial for companies like Docutrend, which stands at the forefront of providing modern office and staffing technologies in the Northeast. By offering innovative products and services that bolster organizational efficiency and productivity, Docutrend can leverage these relaxed regulations to explore new international markets more freely and efficiently. This move by the RBI not only supports businesses in maximizing their growth potential through smoother financial operations but also aligns with Docutrend’s mission to utilize the most advanced and innovative technologies. The relaxation could facilitate easier access…

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