Cross-border repo transactions allow non-residents to borrow or lend in rupees under regulator-prescribed terms and conditions. Non-resident persons are permitted to engage in repo and reverse repo transactions in Rupees to borrow or lend money, subject to terms and conditions ... Summary
Cross-border repo transactions allow non-residents to borrow or lend in rupees under regulator-prescribed terms and conditions.
Non-resident persons are permitted to engage in repo and reverse repo transactions in Rupees to borrow or lend money, subject to terms and conditions specified by the Reserve Bank; the terms repo and reverse repo are as defined in the relevant central banking statute.
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