RBI Eases External Commercial Borrowing Framework

The central bank has expanded the external commercial borrowing route to NGOs, not-for-profits, among others.

Entrance to the Reserve RBI’s Central Office on Shahid Bhagat Singh Road in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg)

The central bank eased foreign borrowing norms allowing a wider set of end-users to tap overseas markets for loans.

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Advait Rao Palepu
<p>Senior Correspondent</p>... more
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