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
Saudi Arabia remains Pakistan's primary source of cheap foreign loans, offering 4% interest rates—significantly lower than Chinese or commercial borrowing. With over \$12 billion in deposits from Saudi Arabia, China, and UAE, Pakistan’s economic stability heavily relies on bilateral financial support
