Foreign currency borrowing limits tightened; fresh overseas borrowings require prior central bank approval and monthly reporting. All categories of overseas foreign currency borrowings by Authorised Dealers, including existing ECBs and unadjusted Nostro overdrafts, shall not exceed 25 per cent of unimpaired Tier I capital or USD 10 million, whichever is higher; fresh borrowings above this limit require prior Reserve Bank approval. Borrowings for export credit under the IECD framework and subordinated debt used as Tier II capital remain outside this limit. ADs must report total outstanding overseas borrowings as per the prescribed format on the specified reference date and monthly thereafter.