There has been a huge decline in bank credit to exporters off late after the Reserve Bank last March banned banks from issuing letters of undertaking to exporters following the Nirav Modi scam.from Moneycontrol Business News http://bit.ly/2Sy7c6I
Saturday, January 5, 2019
Suresh Prabhu to meet banking, finance secys next week to resolve credit supply issues to exporters
There has been a huge decline in bank credit to exporters off late after the Reserve Bank last March banned banks from issuing letters of undertaking to exporters following the Nirav Modi scam.from Moneycontrol Business News http://bit.ly/2Sy7c6I
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