RBI may announce ceiling on banks exposure to commodity futures

Dec 12 2012, 03:52 IST
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SummaryThe Reserve Bank of India is likely to announce a ceiling on banks' exposure to commodity futures, after the government allowed them to trade in this segment by amending the banking regulation law.

their lending to the farmers as agriculture is a priority sector. Though most farmers do not indulge in commodities trading, banks are hopeful of developing products for them in the future.

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