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[Cites 0, Cited by 0] [Section 17(3A)] [Section 17] [Entire Act]

Union of India - Subsection

Section 17(3A)(ii) in The Reserve Bank of India Act, 1934

(ii)it has granted a pre-shipment loan or advance to an ex­porter or any other person in India in order to enable him to export goods from India, the amount of the loan or advance drawn and outstanding at any time being not less than the outstanding amount of the loan or advance obtained by the borrowing bank from the Bank.