Importing goods from India by opening LCs in rupees instead of dollars. BSRM, the country's leading steel producer, is importing products from India by opening LCs in rupees instead of dollars.
LC opened on Wednesday through State Bank of India for rupees. BSRM is the first institution to open rupee based LC in Chattogram. The process of opening this LC was completed through a ceremony organized at the BSRM headquarters.
The event was attended by the CEO, Joint AVP, Deputy Manager and Unit Head and BSRM Chairman, Deputy Managing Director, Group CFO and Manager Treasury and Fund Management with senior executives.
