Large banks to fund Exporters: FinMin
Banks with overseas presence will have to extend credit directly or make funds available to exporters
through smaller banks for which arrangements have to be finalized within a week, the finance
ministry has told chief executives of public and private sector banks. Big banks to lend directly to these banks with a mark - up of not more than 10 basis points.
through smaller banks for which arrangements have to be finalized within a week, the finance
ministry has told chief executives of public and private sector banks. Big banks to lend directly to these banks with a mark - up of not more than 10 basis points.
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