Global Trade Alert
Global Trade Alert

Back to state act

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...

Sign in to see full description

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

Sign in to access 0 sectors

Affected Products

Sign in to access 0 products

Threads

See all

This intervention is not part of any Thread yet.