Engg exporters unhappy over move to replace credit refinance
A section of exporters have expressed displeasure over the RBI's decision to replace export credit refinance facility with the provision of system level liquidity from February 7, saying this will discourage banks to disburse credit when the key lending rate falls.
Feb 16, 2015, 17:57 PM ISTEngineering exports can cross $70 bn this fiscal: EEPC
Engineering exports in 2013-14 aggregated USD 62 billion. The US alone accounted for about 15 percent of the shipments.
Jul 07, 2014, 17:34 PM IST