Current Affairs · Banking and Finance
RBI in February 2025 updated its External Commercial Borrowings (ECB) framework. What was the revision?
- 1Allowing ECB in cryptocurrencies
- 2Restricting ECB only to manufacturing companies
- 3Raising automatic route limit from $750 mn to $1 bn✓
- 4Reduction of all-in-cost ceiling by 100 bps
Correct answer
Raising automatic route limit from $750 mn to $1 bn
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