The strong rupee has left its mark on SME exporters as they are getting affected due to it. Indian SMEs in last couple of months have encountered problems due to increasing raw material rates, interest rates and demand crisis. So, things are getting tougher for SME exporters.

Bottom-line of SMEs is getting affected with the surging rupee according to ...

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HDFC Bank has decided to slash interest rates on personal and commercial loans up to 150 basis points, from Jan 19, 2009. In addition, the bank will also cut interest rates on corporate loans and wholesale credit, a positive step for small and medium businesses. The move is a pre-emptive measure to cushion slackening auto, manufacturing and small business sales in ...

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