BANKING FACILITIES TO DIAMOND EXPORTERS

 

Ø      Application of 2nd Method of lending

Ø      Norms/Broad Indicators for Inventory & Receivables

Ø      Consortium Arrangements

Ø      Packing Credit in Foreign Currency (PCFC) and Running A/c Facility

Ø      Assessment of Working Capital

Ø      Embargo on Import of Conflict Diamonds

 

Ø      Appendix 19.I   Form I : Particulars of the Existing Limits from the Banking System

Ø      Appendix 19.II  Form II :Assessment of Working Capital Requirements

Ø      Appendix 19.III Form III : Analysis of Balance Sheet

Ø      Appendix 19.IV Form of an undertaking to be obtained by banks from the clients who have been extended credit for doing any business relating to diamonds