Webinar on “Exporters – Importers know about Payment in Indian Rupees – How? & Benefit “

Rationale

The day of Monday 11th July, 2022 is “Red Letter Day” in Fiscal Management of the country. It is on this day that the Reserve Bank of India issued Circular No. 10 (A.P. DIR Series). The objective behind this move of R.B.I. is to promote growth of the country’s global trade with emphasis on exports from India and to support the increasing interest of the Global Trading Community in INR.

When fully operational the “International Trade Settlement in Indian Rupees (INR)” mechanism will be a big boon for Indian Exporters, Importers to and will enable them to expand their global business.

Objective

The objective of this program is to acquaint the participants with the latest measures of R.B.I. & its impact on business prospects of Indian exporters & importers.

For Whom

The program would be of use and interest to all exporters, Importers, professionals involved with Finance Function & Corporates.

Contents :

• Key Knowledge Areas
• Concepts
• Vostro Account
• Nostro Account
• Free Foreign Exchange
• Net Foreign Exchange
• Freely Convertible Currencies
• Current Account
• Capital Account
• Swift -Currencies
• G-10, R.B.I.Circular No. 10 dated 11th July, 2022. Rupee Trade & Business with Russia
• Compliances by Banks to Implement the system
• Post announcement Developments
• Negotiations between Banks in India and Russian Banks
• Other Interested Countries
• Cuba
• Saudi Arabia & African Countries
• List of Banks under Negotiation –Rupee Trade & Foreign Trade Policy, latest amendments
• The unanswered questions w.r.t. Customs Compliances
• Miscellaneous
• Questions & Answers.

Speaker

Mr. S.M. Chaturvedi is M.com., LL.B(Gen.), with four “Post Graduate Diplomas” in Business Administration, Industrial Relation & Personnel Management, Export Management & Public Relation. He is a Management Consultant in International Business. He is a visiting faculty with leading Institutes of Management in India, besides organizations like Ahmedabad Management Association, MSME (Rajkot), FIEO (Mumbai / Delhi / Chennai). He is a corporate trainer and Motivational speaker who has conducted more than 5500 seminars / Webinars on all India basis besides over 300 In-company Training Programs. He possesses over 17 years of Corporate experience and over 35 years of consultancy experience catering to corporate clientele

Contact Details :

Revati Khare || Assistant Director – International Trade and Commerce Committee
Email : international@bombaychamber.com
Tel. (D) + 91 22 6120 0231; (M) + 91 9892029473