January 4, 2018 / 11:39 AM / in 5 months

BRIEF-India Cenbank Says To Permit Overseas Arms Of Indian Banks To Refinance ECBs Of AAA Cos

* INDIA CENBANK SAYS TO PERMIT OVERSEAS ARMS OF INDIAN BANKS TO REFINANCE EXTERNAL COMMERCIAL BORROWINGS OF AAA COS PROVIDED OUTSTANDING MATURITY OF ORIGINAL BORROWING IS NOT REDUCED

* INDIA CENBANK SAYS TO ALSO PERMIT PARTIAL REFINANCE OF EXISTING EXTERNAL COMMERCIAL BORROWINGS

* FOR FULL TEXT OF THE RELEASE SEE: bit.ly/2lVcpY1 (Reporting By Mumbai Treasury Desk)

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