Global Trade Alert
Global Trade Alert

India: Amendments to External Commercial Borrowings by the Infrastructure sector

Announcement

06 Nov 2018

The foreign currency external borrowings by companies in the infrastructure sector have been liberalized.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

06 Nov 2018

Revocation date:

No revocation date

Updated: 06 Nov 2018
Controls on credit operations In force

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 infrastruc...

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