Global Trade Alert
Global Trade Alert

India: Microfinance Institutions allowed to raise money through External Commercial Borrowings

Announcement

19 Dec 2011

In December 2011, the government of India announced changed rules for foreign investors.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

19 Dec 2011

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

On 19 December 2011, the Reserve Bank of India allowed microfinance institutions to borrow up to USD 10 million through external commercial borrowings (ECBs) under the automatic route. Also, non-gover...

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