Revised framework for External Commercial Borrowing policy- (Reserve Bank of India) (30 Nov 2015)
The Reserve of Bank of India issued a revised External Commercial Borrowing policy. The revisions aim to reduce risk for lenders and make extended term repayments more sustainable. The framework comprises three tracks: medium term foreign currency, long term foreign currency and Indian rupee denominated borrowings. The guidelines will be revisited after one year of operation. The revised framework can be accessed here.
Relevant : External Commercial Borrowings – 2005 MANU/APDR/0011/2005
Tags : EXTERNAL COMMERCIAL BORROWING REVISED 2015