Tag: ECB

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European Central Bank (ECB)

Source: IESubject: International Organisation Context: The Reserve Bank of India (RBI) and the European Central Bank (ECB) signed a Memorandum of Understanding (MoU) to enhance cooperation in central banking. European Central Bank (ECB) About European Central Bank (ECB): What it is? The European Central Bank (ECB) is the prime monetary authority of the European Union …

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Measures Announced By RBI To Stop Rupee Slide (June 25)

Also called ‘Further Liberalisation Measures for Capital Account Transactions’ – RBI has announced following steps to arrest the slide of Rupee: It has been decided to allow Indian companies in manufacturing and infrastructure sector and having foreign exchange earnings to avail of external commercial borrowing (ECB) for repayment of outstanding Rupee loans towards capital expenditure …

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