IFR Asia – May 05, 2018

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India eases debt rules to buttress rupee

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KRISHNA MERCHANT

“Encouraging short-term

flows could lead to potential

vulnerability, especially when
either domestic or global macro

environment deteriorates.”

“The central bank had

permitted domestic companies

to bring loans from their

offshore promoters and

sponsors. Going forward

the capacity to borrow from

offshore is further relaxed.”