RBI finalizes ECB framework with key relaxations
pre-market1 source ↓written by the desknot a recommendation
The Reserve Bank of India has finalized amendments to its External Commercial Borrowing (ECB) framework, easing several rules. Key changes include the removal of the current account requirement for authorized dealer banks and allowing ECB funds for on-lending to individuals, while retaining restrictions on real estate loans. These adjustments may enhance liquidity and borrowing options for businesses.
Not investment advice. For informational purposes only.