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Banks' export credit at Rs 20,489 crore surges to 12-month high amid global demand.
Mar 22, 2024

Bank loans to exporters late January reached their highest level in the past 12 months, in line with renewed global demand for Indian goods despite the Red Sea crisis that has affected trade since late autumn due to piracy raids and question marks over maritime security.
Outstanding export credit for Indian banks was seen at Rs 20,489 crore at the end of January 26, rising 5% this financial year, data from Reserve Bank of India (RBI) showed. This was the highest since February last year.
    
economictimes.indiatimes.com

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