Pre-shipment Credit in Foreign Currency (PCFC)

Pre-shipment Credit in Foreign Currency (PCFC) When an advance or a loan is granted, or another form of credit is provided by a bank to an exporter to finance the purchase, processing, manufacturing, or packaging of goods before a shipment…

Types of Foreign Investment in India

Types of Foreign Investment in India Any investment that is made in India with the source of funding that is from outside of India is a foreign investment. By this definition, the investments that are made by Foreign Corporates, Foreign…