Overseas Foreign Currency Borrowings by Authorised Dealer Banks – Enhancement of limit

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..... Dealer Category - I (AD Category I) banks is invited to A. P. (DIR Series) Circular No. 40 dated September 10, 2013 , in terms of which AD Category I banks were allowed to borrow beyond 50 per cent of their unimpaired Tier I capital subject, inter alia, to the condition that the borrowing would have a minimum maturity of three years. 2. On a review, it has been decided to lower the requireme .....

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