Friday, March 16, 2012

Knitwear exporters decry RBI policy report


Coimbatore, March 15: Knitwear exporters have expressed disappointment with the RBI's mid-quarter policy review announcement made this morning. The exporters have for some time now been demanding a cut in the interest rate to help them withstand the pricing pressures and sustain in the global market. “This has not happened; neither has the RBI addressed our request for a separate chapter for exports,” said Dr A. Sakthivel, President, Tirupur Exporters' Association. 

HBL

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