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Exim Bank urges RBI to hike its leverage ratio

The Exim Bank has requested the Reserve Bank to increase its leverage ratio so that it can lend more to the exporters. It has cited the urgent need for turning the country into an export powerhouse and the prevalent practices in competing nations. Currently, RBI allows the Exim Bank to leverage only...


Govt revises investment target for DFC to Rs 80,000 crore

Government has revised investment target for Dedicated Freight Corridor (DFC) from 27 thousand crore rupees to 80 thousand crore rupees. Addressing the ASSOCHAM conference in New Delhi today, Railway Board Chairman, Mr. Arunendra Kumar said expenditure on land acquisition has multiplied several time...


NCDEX introduces comprehensive hedge policy for commodity markets

National Commodity & Derivatives Exchange Ltd (NCDEX), the leading commodity exchange today said it is introducing a comprehensive hedge policy for the commodity markets.The NCDEX in a statement issue in Mumbai said that the policy has been designed with the objective of making risk manage...


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