The Reserve Bank of India (RBI) on Wednesday raised the interest rate ceiling on foreign currency loans in an attempt to ensure that Indian firms are able to borrow more dollar loans. In a separate move, the India central bank also raised the interest ... Rate ceiling on foreign loans, NRI deposits raised to attract dollars
Wednesday, November 23, 2011
Rate ceiling on foreign loans, NRI deposits raised to attract dollars
The Reserve Bank of India (RBI) on Wednesday raised the interest rate ceiling on foreign currency loans in an attempt to ensure that Indian firms are able to borrow more dollar loans. In a separate move, the India central bank also raised the interest ... Rate ceiling on foreign loans, NRI deposits raised to attract dollars
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