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Easy External Commercial Borrowings
August 1 , 2019
1973 days
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- Reserve Bank of India has relaxed External Commercial Borrowing (ECB) norms for corporates, non-banking lenders as a move towards easing liquidity.
- It has liberalised the “end-use” stipulations for ECB.
- ECB is an instrument used in India to facilitate Indian companies to raise money outside the country in Foreign currency.
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