Announcement
04 May 2012
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
05 May 2012
Revocation date:
No revocation date
On 4 May 2012, the Reserve Bank of India (RBI) decided to deregulate and let the banks determine the interest rates on export credit in foreign currency. Previously, the banks had to determine...
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