Global Trade Alert
Global Trade Alert

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India: Liberalisation of banks' access to foreign currency borrowings

Description

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 Head Offi...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

10 Sep 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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