- To signal a check on excessive inflows
- To signal a check on excessive outflows
- To attract the foreign lenders
- To repel the foreign lenders
Friday, July 8, 2011
From December 10, 2009 Reserve Bank of India has decided to reintroduce the ceiling on interest rates that Indian companies pay for external commercial borrowing and shut the special window that allowed companies to buy back foreign currency convertible b
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