Current Affairs - July 2022
As per the RBI's liberalised norms, what is the new limit of External Commercial Borrowing (ECB) under the automatic route?
The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.
The Chhattisgarh Government has received an in-principle nod from the Central Government to go ahead with a USD 300 million school education project in the State.
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