RBI instructed banks that Instructions relating to the Gold Card Scheme for Exporters shall be strictly implemented and the branch level functionaries suitably sensitised in this regard.
RESERVE BANK OF INDIA
June 27, 2019
All Scheduled Commercial Banks
All Small Finance Banks
All Local Area Banks
Dear Sir / Madam,
Please refer to para 8.1.3 of the 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’ have been given.
2. We have been receiving representations from exporters and their Associations that the banks are not extending the benefits under the Gold Card Scheme as per extant instructions. It is, therefore, reiterated that the instructions relating to the Gold Card Scheme for Exporters as contained in above-mentioned Master Circular shall be strictly implemented and the branch level functionaries suitably sensitised in this regard.
3. Further, you are advised to give adequate publicity to the Scheme for the benefit of exporters.
(Dr. S. K. Kar)
Chief General Manager