In Boost To Rupee, RBI Loosens Curbs On Companies' Offshore Borrowing

Previously, the RBI had only allowed companies to borrow up to $50 million (Rs 355 crore approx) for three years. For funds beyond $50 million companies had to borrow for at least five years.

from Top Business News- News18.com http://bit.ly/2Fw3Yxp