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Export Finance Rate May See Downward Trend: Kamesan

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BUSINESS STANDARD

The interest rates for export finance are likely to come down following a cut in lending rates by banks, Reserve Bank of India (RBI) deputy governor Vepa Kamesam said today.

The reduction in interest rates on export credit (both on pre- and post-shipment by 1 to 1.5 per cent below the concerned bank

 

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First Published: Aug 14 2001 | 12:00 AM IST

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