Karnataka Bank Ltd and Panipat Exporters organises Exporters’ Meet


Mangalore, August 12 :Karnataka bank Ltd, federation of Indian export organization and Panipat Exporters jointly organized Exporters’ Meet to promote export business in Haryana, especially in and around Panipat on August 8 at Panipat. 

After the inauguration A.K.Rastogi, IRS, Additional Commissioner, and Central Excise informed about the issues related to Excise Department and the measures undertaken by Excise Department to promote exports.

In the presidential address P.Jayarama Bhat, Managing Director and CEO of Karnataka Bank Ltd, said that the bank treats export credit as national priority and to further facilitate the exporters, the bank has taken a decision to reimburse the interest subvention on rupee export credit upfront on monthly basis from 01.07.2013 to all the eligible exporters.

He also informed that Karnataka Bank is committed to provide export credit to all the eligible exporters at a competitive interest rate and assured the exporters of Panipat that they will get excellent service from Karnataka Bank at all times.

During the event M/s. Fashion Group International of Panipat was awarded the Gold Card under the Gold Card Scheme of the Bank for exporters.

Chandrashekar Rao. B, Deputy General Manager of Karnataka Bank, S.K. Singh, Asst. General Manager, Reserve Bank of India, Srinivas S Dandapur, Senior Manager, Forex Support Group of Karnataka Bank, Prem Vij, Persident, Panipat Exporters’ Association and Rajbir Sharma, Jt.DGFT, Panipat and Vijayashankar Rai. K, Deputy General Manager and Regional Head of Delhi region were present.

In the open house session, various issues related to banking, government support to exporters were discussed.

More than 150 exporters in and around Panipat participated in the exporters’ meet.

 By: Sathish Kapikad


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