ENA Sectors 2018-05-29 12:22:54 <p><strong>New Delhi, May 29 (KNN)</strong> Exporters apex body in India FIEO is optimistic that the countrys exports could reach approximately USD 350 billion in the current fiscal year ending March 2019.</p> <p>The Federation of Indian Export Organisations (FIEO) also hopes India will actively engage with the United States to protect local industry's interest, its President Ganesh Gupta said today.</p> <p>Gupta said the RBIs steps such as banning letters of undertakings, letters of comfort has increased the cost of funds for exporters by 1% to 3%.</p> <p><iframe frameborder="0" height="315" src="https://www.youtube.com/embed/TnH2FVGEez8" width="560"></iframe></p> 19949 http://knnindia.co.in/news/newsdetails/sectors/rbis-move-such-as-banning-lous-letters-of-comfort-has-increased-cost-of-funds-for-exporters-fieo-chief 2018-05-29 12:22:54 knnindia.co.in