RBI revises ECB framework, eases on-lending rules
after close1 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, though restrictions on real estate remain. These adjustments may enhance liquidity for businesses and individuals in the market.
Not investment advice. For informational purposes only.