RBI task force for diamond industry soon

摘要

The Reserve Bank is planning a task force, consisting of the representatives of the state government, the state level bankers committee (SLBC) convener and other bankers in order to look into the problems faced by diamond industry in Gujarat and make practical recommendations for mitigating their difficulties. With this the diamond trade, currently reeling under the impact of global slowdown in demand, may get some concessions from the banking sector in a month's time. The RBI will convene the task force which will submit its report not later than February 28.