Motilal Oswal
    NIFTY 50
Motilal Oswal

RBI allows public OMCs to borrow overseas

Updated : October 04, 2018 06:26 AM IST

OMCs may raise ECBs for working capital with a minimum average maturity of three to five years.
However, the overall ceiling for such ECBs is capped at $10 billion.
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