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 Industry & Economy - Credit Policy


RBI's mid-term policy hailed

Our Bureau

HYDERABAD: The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) has welcomed the finance sector reforms and monetary policy measures announced by the Reserve Bank of India as part of the mid-term review of Annual Policy.

"The emphasis on priority sector lending such as enhanced lending of agriculture and allied activities will strengthen the rural economy," a FAPCCI release said here on Tuesday.

It, however, pointed out that the industry was expecting a marginal reduction in interest rates on loans to help to reduce the costs.

More Stories on : Credit Policy | Andhra Pradesh

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