The Reserve Bank of India relaxes restrictions on foreign lending
12 March 2019
The Reserve Bank of India (RBI) has announced a series of policy changes, which include (i) the relaxation of its External Commercial Borrowing (ECB) framework and (ii) the withdrawal of certain restrictions on investment by Foreign Portfolio Investors (FPI) in corporate debt. These changes open up new opportunities in the Indian market for international lenders and debt funds.
This article was also published in the May 2019 Edition of Legal Era Magazine.