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RBI to soon issue guidelines to banks for resolution of certain rupee trade issues: Official

New Delhi, Jul 14 (PTI) The Reserve Bank of India (RBI) will soon issue guidelines for banks for the resolution of certain issues being faced by exporters while undertaking rupee trade with other countries, a senior government official said on Friday.

The official said that as far as the rupee trading mechanism is concerned, initially there were some teething troubles but in many of these areas the transactions have started.

Some exporters had approached the commerce ministry that there are some issues with regard to generation of e-BRC (electronic bank realisation certificate).

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