SBI chief: Raising insurance coverage to 90pc to help cut exporters' cost
SBI Chairman Rajnish Kumar is changing the way export finances are done and suggested that enhancing the insurance coverage to 90 per cent can help reduce exporters' cost and boost their business.
Bankers have agreed that they will reduce the cost of lending for exporters if the ECGC will increase the cover to 90 per cent, Rajnish kumar said. Photo:Reuters