External Commercial Borrowings Will Now Be Subject To A Prudential Limit
A U.S. one-hundred dollar banknote and Indian ten rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

External Commercial Borrowings Will Now Be Subject To A Prudential Limit

The Government and the Reserve Bank of India have decided to set prudential limits on the amount of external commercial borrowings that can be raised by Indian firms. While, so far, the regulator w...
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