Sunday, 17 August 2025 () Indian banks are proactively cushioning exporters from the impact of the US tariff hike, effective August 27. Measures include temporary interest concessions, flexible repayment options, and enhanced working capital. Indian Bank is considering fee waivers and tailored support for MSMEs in key export hubs. Other banks like IOB are advising on market diversification and hedging strategies.
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RBI Governor Sanjay Malhotra acknowledges the difficulty in predicting the impact of potential US tariffs on India's GDP growth. While the central bank retained... IndiaTimes