Tuesday, December 2, 2014

Exim Bank to set up ₹1500-cr fund to assist ship-building industry

The Exim Bank chief explained that if a financialinstitution for the ship building sector is set up with ₹1,500 crore equity, then the Reserve Bank of India will permit it to lend only 10 times of the equity. So, the institution can lend ₹15,000 crore ...

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