Tuesday, October 15, 2013

ECB for disinvestment of PSUs

The Reserve Bank of India (RBI) has said that ECB is allowed for all subsequent stages of acquisition of shares in the disinvestment process under the Government's disinvestment programme of the PSU shares; in other words, facility of ECB is available for multiple rounds of disinvestment of PSU shares under the Government disinvestment programme.

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