RBI to remain cautious on ECBs
| RBI to remain cautious on ECBs |
| Press Trust of India / New Delhi January 9, 2005 |
| The Reserve Bank of India (RBI) will continue to be cautious in giving unlimited access to short term external commercial borrowing (ECB) and unrestricted freedom to domestic residents in converting their bank deposits into overseas investments. According to Shymala Gopinath, deputy governor: |
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First Published: Jan 09 2005 | 11:54 AM IST