Previously, the RBI had only allowed companies to borrow up to $50 million (Rs 355 crore approx) for three years. For funds beyond $50 million companies had to borrow for at least five years.from Top Business News- News18.com http://bit.ly/2Fw3Yxp
Friday, January 18, 2019
In Boost To Rupee, RBI Loosens Curbs On Companies' Offshore Borrowing
Previously, the RBI had only allowed companies to borrow up to $50 million (Rs 355 crore approx) for three years. For funds beyond $50 million companies had to borrow for at least five years.from Top Business News- News18.com http://bit.ly/2Fw3Yxp
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