Salutary show, but miles to go

......It is also sad that after the RBI raised the interest rate on dollar loan from 2 to 3.5 per cent, the banks are reluctant to provide dollar credit to exporters. RBI guidelines to banks to provide 12 per cent for export finance has not been fulfilled as banks exposure to export industry is hardly 8 to 8.2 per cent today, he justifiably cribbed...............

Read - The Hindu