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RBI asks banks to clear trade mismatches worth thousands of crore: Report
short by Jessica Rajan / on Monday, 20 July, 2026
The RBI has directed banks to clear long-pending mismatches between trade and payment records worth thousands of crores, The Economic Times reported. Banks must verify documents and transactions to regularise genuine export and import cases. Resolving old EDPMS and IDPMS entries will improve compliance, reduce the risk of businesses being flagged and make trade data more accurate.
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