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DGFT Shifts EPM Interest Subvention Implementation from RBI to EXIM Bank
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20/2025-26, including Handbook of Procedures Chapter X and Appendix-A, by replacing RBI with EXIM Bank for reimbursement of interest subvention claims, scrutiny of IEC-specific claims, submission of consolidated fund claims to DGFT and monthly reporting.
17/2026-27-DGFT | Dated: 7th August 2026Subject: Institutional Transition of Implementing Agency from the Reserve Bank of India (RBI) to the Export-Import Bank of India (EXIM Bank) for the Interest Subvention Support for Pre- and Post-Shipment Export Credit under Export Promotion Mission (EPM) – Niryat Prothsahan – reg.
In reference to the guidelines for Interest Subvention Support for Pre- and Post-Shipment Export Credit under the Export Promotion Mission (EPM) issued vide Trade Notice No.
h. EXIM Bank shall submit a monthly report online indicating bank-wise reimbursement claims, as per the format(s) prescribed.
Upon verification, EXIM Bank shall approve and submit the consolidated fund claims to DGFT through the designated portal.