Industry Urges RBI to Ensure Export Credit at Lower Rate - 0 views
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anonymous on 22 Jun 10Amid growing concerns that the Reserve Bank of India's decision to shift to the base rate modal from the current Benchmark Prime Lending Rate (BPLR) from July 1 will make credit costlier for exporters, an industry body Monday urged the country's central bank to continue regulating export credit to ensure that the cost of export credit does not increase under the new system.