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India: Relaxation commercial borrowing from foreigners in Indian currency

Description

On 3 September 2014, the Reserve Bank of India allowed domestic borrowers to raise External Commercial Borrowing (ECB) in Indian Rupees from recognized non-resident lenders provided that the lender ha...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

03 Sep 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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