Saturday, April 20, 2013

Interest subvention scheme expanded

......Some good news is likely to come the way of exporters on their cost of credit. A technical group, constituted by the Reserve Bank of India, is likely to take a call by this month-end on new measures for reducing the cost of export credit (in foreign currency), Sharma indicated. This group comprises senior officials from the Directorate General of Foreign Trade, Revenue Department and the RBI.............

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