Exclusive reports from sources that RBI ECB (External Commercial Borrowing) may relax the conditions. The ECB and the money raised can be used to change the rules. ECB seek additional loans from banks at a discount of domestic firms can be considered. Between RBI and finance ministry officials met last week on the issue is important.
The infrastructure sector related companies had sought to give the ECB liberalized the rules. Hence is believed that RBI may relax in the conditions of the ECB..
The infrastructure sector related companies had sought to give the ECB liberalized the rules. Hence is believed that RBI may relax in the conditions of the ECB..
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Source: moneycontrol
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