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Published on 21/06/2019 2:44:46 PM | Source: Reuters

India to reduce bank lending rate for exporters: Piyush Goyal

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NEW DELHI - India's government is working with the Reserve Bank of India as well as private banks to reduce lending rates for exporters, the country's trade minister said on Friday.

Piyush Goyal also told a press conference India saw a "$50 billion" opportunity for exporters, due to ongoing global trade wars, without specifying a time period.

(Reporting by Manoj Kumar, writing Alasdair Pal; Editing by Sanjeev Miglani)