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The scheme of raising ECB for Civil Aviation Sector will continue till 31 March 2015-RBI

Last Updated : Mar 28 2014 | 12:02 AM IST

The Reserve Bank has extended the deadline for aviation sector to raise funds for working capital through external commercial borrowings (ECBs) approval route till 31 March 2015, a move that would provide relief to the cash-crunched sector. Earlier the scheme was extended till 31 December 2013.

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First Published: Mar 27 2014 | 10:09 AM IST