Source: Livemint The Reserve Bank of India (RBI) on Tuesday said it would allow start-ups to access foreign currency loans of up to $3 million a year under the external commercial borrowing (ECB) route, in a statement separate from the monetary policy review. Start-ups can raise up to $3 million […]

Start-ups can now take foreign currency loans via ECB route

The Indian government on Tuesday relaxed the approval process for foreign firms to set up their branch, liaison and project offices in the country.  Except for defence, telecom, private security, information & broadcasting, and non-government organisation sectors, such approvals can now be given by designated banks. Earlier, the Reserve Bank […]

Indian Govt eases norms for foreign firms to set up ...