{"what_this_is":"The machine-readable twin of the BankPulse page for one RBI rulebook. Same points, same dates, same paragraph references as the page a person reads. 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Read the rule itself before you assume a start date."},"transition":{"label":"Time to get ready","value":"","stated":false,"why":"Cannot be worked out until the day it starts to apply is known."},"deadline":{"label":"Last date to act","value":"","stated":false,"why":"No date to act by was found in this document. Other dates may sit inside single paragraphs."},"sources":{"published":"doc_date in data/highlights/md10204.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=10204","document_date":"Mar 26, 2019","read_by_bankpulse":"2026-08-21 16:22:06 UTC","text_sha256":"e493faa329c38de8a94e6c404e86a06d72b71999506374cfd29b3dcfeb9b5d7a","word_count":16891,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":62,"points_naming_an_rbi_paragraph":62,"points_stored":62,"actions":0,"amendments":0},"points":[{"n":1,"claim":"md10204-35ab4fa4","page_group":"Must know","stored_section":"WHAT CHANGES","heading":"Track one","plain_english":"Track one is foreign currency debt with a minimum average maturity of three to five years.","rbi_paragraph":"Para 2","rbi_char_offset":16190,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p1","layer":"bankpulse"},{"n":2,"claim":"md10204-34099e1b","page_group":"Must know","stored_section":"WHAT CHANGES","heading":"Manufacturers may borrow shorter","plain_english":"A manufacturing company may borrow for as little as one year on the foreign currency track.","rbi_paragraph":"Para 2","rbi_char_offset":16361,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p2","layer":"bankpulse"},{"n":3,"claim":"md10204-b997bbca","page_group":"Must know","stored_section":"WHAT CHANGES","heading":"Track two","plain_english":"Track two is foreign currency debt with a minimum average maturity of ten years.","rbi_paragraph":"Para 2","rbi_char_offset":16415,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p3","layer":"bankpulse"},{"n":4,"claim":"md10204-f6f66006","page_group":"Must know","stored_section":"WHAT CHANGES","heading":"Fifty million is the line","plain_english":"Up to fifty million dollars the minimum average maturity is three years.","rbi_paragraph":"Para 2","rbi_char_offset":18481,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A company raises foreign currency debt of USD 40 million. 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4","rbi_char_offset":27573,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p54","layer":"bankpulse"},{"n":24,"claim":"md10204-3ac4e9c2","page_group":"Background","stored_section":"WHAT CHANGES","heading":"Supplier credit","plain_english":"Supplier credit is credit for an import given by the overseas supplier himself.","rbi_paragraph":"Para 5","rbi_char_offset":73247,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p55","layer":"bankpulse"},{"n":25,"claim":"md10204-44397695","page_group":"Background","stored_section":"WHAT CHANGES","heading":"Buyer credit","plain_english":"Buyer credit is a loan the importer arranges from an overseas bank to pay for imports.","rbi_paragraph":"Para 5","rbi_char_offset":73343,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p56","layer":"bankpulse"},{"n":26,"claim":"md10204-6e06acd8","page_group":"Background","stored_section":"WHAT CHANGES","heading":"Twenty million is automatic","plain_english":"A bank may approve trade credit up to twenty million dollars per import transaction.","rbi_paragraph":"Para 5","rbi_char_offset":73787,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":["trade-finance"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p57","layer":"bankpulse"},{"n":27,"claim":"md10204-3592dcdd","page_group":"Background","stored_section":"WHAT CHANGES","heading":"Above that, the Reserve Bank","plain_english":"Anything above that figure is considered by the Reserve Bank itself.","rbi_paragraph":"Para 5","rbi_char_offset":74008,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p58","layer":"bankpulse"},{"n":28,"claim":"md10204-1dbe998d","page_group":"Background","stored_section":"WHAT CHANGES","heading":"No rolling over","plain_english":"No roll-over or extension is allowed beyond the period permitted.","rbi_paragraph":"Para 5","rbi_char_offset":74467,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p59","layer":"bankpulse"},{"n":29,"claim":"md10204-84161c03","page_group":"Background","stored_section":"WHAT CHANGES","heading":"Precious metals excluded","plain_english":"Gold, palladium, platinum, rhodium and silver are outside that guarantee facility.","rbi_paragraph":"Para 5","rbi_char_offset":75143,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p60","layer":"bankpulse"},{"n":30,"claim":"md10204-a58fc006","page_group":"Background","stored_section":"WHAT CHANGES","heading":"Bank borrowing limit","plain_english":"A bank may borrow abroad up to the whole of its unimpaired tier one capital.","rbi_paragraph":"Para 6","rbi_char_offset":77595,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":["foreign-exchange"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p61","layer":"bankpulse"},{"n":31,"claim":"md10204-cc85f096","page_group":"Background","stored_section":"WHAT CHANGES","heading":"Borrowing to fund exporters","plain_english":"A bank may borrow abroad to give an exporter customer pre-shipment or post-shipment credit.","rbi_paragraph":"Para 6","rbi_char_offset":78139,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":["export-credit"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10204#p62","layer":"bankpulse"}],"actions":[],"amendments":[],"layers":{"rbi_source":"Facts taken from RBI's own document.","bankpulse":"BankPulse's plain-English summary of RBI's document.","bankpulse_inference":"BankPulse's own inference, not stated by RBI."},"rbi_wording_not_included":"By design. BankPulse never republishes RBI's exact sentences. Use rbi_paragraph with rbi_source.url to read RBI's own words.","terms":"BankPulse's plain-English summaries are BankPulse's own work. The underlying regulation is the Reserve Bank of India's. Always check the RBI document named in rbi_source before acting."}