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Description
On 20 October 2016, the Reserve Bank of India relaxed the conditions under which Indian companies may access foreign credit. Through RBI/2016-17/92 A.P. (DIR Series) Circular No. 8, the RBI allowed...
Intervention Details
Intervention Type
Controls on credit operations
MAST Chapter
Capital control measures
Implementation date
20 Oct 2016
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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