(The Times of India) - The crisis in the world’s largest diamond cutting and polishing centre may worsen with the world’s leading bank financing diamond sector, ABN Amro, restricting rough diamond financing to the diamond dealers in Antwerp. The diamantaires in midstream sector in Surat purchase rough diamonds from diamond dealers in Antwerp on credit. Now with ABN Amro restricting the lending to rough dealers, the small and medium diamantaires are likely to face rough times in the coming months.
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