India simplifies hedging rules for SMEs
Apr 19, 2017
India makes it easier for treasurers to get buyer credits onshore
The RBI amends rules to allow IBUs to offer various financial products. The changes mean companies won’t have to go abroad to access buyer credits, an expert says.
India's central bank will allow banking units (IBUs) operating in the country's international financial services centres (IFSCs)to offer a wider range of financial products, under amended rules announced on April 11.
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