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Could a qualified borrower raise crisp External Commercial Borrowings under Track II for reimbursement of existing Rupee named External Commercial Borrowings?
Could a qualified borrower raise crisp External Commercial Borrowings under Track II for reimbursement of existing Rupee named External Commercial Borrowings?
Ashna
Answered on February 14,2020
Answered on February 14,2020
Refinancing of Rupee denominated ECB with Foreign Currency denominated ECB under Track II is not permitted for a qualified borrower.
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