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India: Amendments to External Commercial Borrowings by the Infrastructure sector

Description

On 6 November 2018, the Reserve Bank of India through Circular No. 11 (RBI/2018-19/71 A.P.) amended the policy for foreign currency denominated External Commerical Borrowings by the infrastructural fi...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

06 Nov 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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