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

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 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 requirement of minimum maturity from....