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RBI eases hedging norms for ECBs

Updated : November 27, 2018 06:10 AM IST

The relaxed norms will apply to the ECBs with a maturity period between 3 and 5 years, the central bank said in a notification.
According to the RBI, Track I refers to medium-term foreign currency-denominated ECB with a minimum average maturity of 3-5 years.
RBI eases hedging norms for ECBs

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