RBI eases overseas borrowing rules in housing, aviation sector

The RBI has extended the external commercial borrowing (ECB) relaxation for affordable housing which was there for one year to two more years (now) and aviation for a few more months," RBI's Deputy Governor H R Khan told reporters. He was speaking after a meeting of the high-level committee on external commercial borrowings (ECB), which was chaired by Department of Economic Affairs (DEA) Secretary Arvind Mayaram................

Read | Business Standard