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RBI's ECR hike no kicker, cost of fund real issue: Bankers

Bankers are not so kicked about the Reserve Bank of India (RBI) increasing export Credit Refinance (ECR) limit to 50% of the outstanding rupee export credit for banks, from 15%. The central bank feels that this will provide additional liquidity support to banks of over Rs 30,000 crore.

first published: Jun 18, 2012 01:45 pm

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