The Reserve Bank of India has proposed allowing banks to finance Indian companies for domestic or overseas acquisitions. The draft sets eligibility criteria, financing limits, and safeguards, aiming to promote strategic investments while ensuring responsible lending practices
The Reserve Bank of India has proposed draft rules to ease foreign currency borrowings for Indian companies. The framework expands eligible borrowers and lenders, links limits to financial strength, simplifies regulations, and allows market-determined interest rates for external commercial borrowings
