Global Trade Alert
Global Trade Alert

India: Liberalisation of banks' access to foreign currency borrowings

Announcement

10 Sep 2013

In September 2013, the government of India announced a rule change for international private debt transactions.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

10 Sep 2013

Revocation date:

No revocation date

Updated: 10 Sep 2013
Controls on credit operations In force

On 10 Septemeber 2013, the Reserve Bank of India (RBI) issued a circular liberalising limits on foreign currency borrowings of Authorised Dealer Category - I (AD Category-I) banks from their H...

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