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  RBI relaxes norms for external commercial borrowings

  Jan 02, 2015, 11:28 AM IST

  New Delhi: The Reserve Bank on Thursday introduced changes in external commercial borrowings (ECB) norms under which authorised money changing banks have been allowed to create a charge on securities. At present, the choice of

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  ECB proceeds can be parked as fixed deposits for 6 months: RBI

  Nov 22, 2014, 08:07 AM IST

  Mumbai: Easing norms for parking external commercial borrowings (ECB), the Reserve Bank said such loans can be kept as fixed deposits for a period of six months for use at a later stage.As per the