ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Shri P R KamaniSubscribe to Shri P R Kamani

Kamani Engineering Corporation Limited

April 1, 1972 FROM THE CHAIR Kamani Engineering Corporation Limited Statement of the Chairman, Shri P R Kamani THE following is the Statement of Shri P R Kamani, Chairman, Kamani Engineering Corporation Limited, on the occasion of the Twentysixth Annual General Meeting of the Share- holders of the Company at Bombay

Kamani Engineering Corporation Limited

"The commercial banks should realise that they have a vital role to play in the stimulation of exports and regard provision of adequate advice and guidance to exporters as part of their normal business. Furthermore, bankers should have a more positive approach to export financing and strive to give exporters adequate quantum of credit''. In a damaging aside on bank managements' ability to use modern tools, Toda notes that "bankers as a rule do not appreciate the usefulness of accurate statistics", and it might help were the Reserve Bank "to educate hankers" in this. The hanks too have failed to give due publicity to the export credit facilities now available; for instance, small exporters do not know of the facilities, and even the larger exporters of tea were not aware of the new flexibility introduced FROM THE CHAIR THE following is the Statement of Shri P R Kamani, Chairman, Kamani Engineering Corporation Limited, on the occasion of the 23rd Annual General Meeting of the Shareholders of the Company at Bombay on 28th March,
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