India should remove limits on overseas borrowings by corporates

April 10, 2015 6:28 AM

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MUMBAI, April 10 (Reuters) - India should remove the limits on corporates' external commercial borrowings, according to recommendations of a committee which submitted its report to the government on Friday, television channels reported.

The committee headed by M S Sahoo, a former member of the Indian market regulator, was given the task to review the rules on external commercial borrowings.

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