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Booking Of Forward Contract

Purpose

To provide SIDBI's clients with the facility of hedging of foreign exchange risks related to their import / export transactions.

Eligibile Borrowers

Assisted borrowers having exposure in foreign currency

Norms

Currency - Presently can be booked in USD / EURO / JPY

Amount - Minimum of USD 25,000 or equivalent. However Forward Contracts for lesser amounts may be considered on case to case basis.

Charges - As per FEDAI guidelines

 
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