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Thursday, October 4, 2018

RBI allows oil cos to take ECBs under automatic route

RBI has also waived off the $750 million cap that individual state-run refiners had earlier and has capped the overall annual foreign currency borrowing under the new norms at $10 billion with immediate effect.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2NZ4cSB
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