Current Affairs   »   RBI relaxed norms for end-use of...

RBI relaxed norms for end-use of money raised through ECBs

RBI relaxed norms for end-use of money raised through ECBs_50.1

The Reserve Bank of India has relaxed norms for end-use of money raised through external commercial borrowings for corporates as well as liquidity starved non banking lenders. The liberalisation will be applicable to ECBs taken for working capital, general corporate purpose loans or repayment of rupee loans.

Static/Current Takeaways Important For EPFO/LIC ADO Mains:

  • Governor of RBI: Shaktikant Das; Headquarters: Mumbai, Founded: 1 April 1935, Kolkata.

Source: The News On Air

Find More Banking News Here

हिंदी में पढ़े

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *