Exporters hail RBI move, say measures will boost liquidity in sector

The measures announced by RBI on Friday will provide more liquidity in the hands of exporters which would help them in fulfilling their overall obligations during these difficult times of COVID-19, according to exporters. Welcoming RBI”s decision to extend the loan repayment moratorium for another three months up to August 31, Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said the central bank has taken effective steps to protect the sector.