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IBPS PO Mains
IMPORTANT
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Statement: Exporters in the capital alleging that commercial banks are violating Reserve Bank of India directive to operate a post-shipment export credit denominated in foreign currency at international rates from January this year.
Courses of Action:
I. The officers concerned in the commercial banks are to be suspended.
II. The RBI should be asked to stop giving such directives to commercial banks.

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