RBI’s Draft ECB Framework 2025: Key Reforms, Liberalization Measures | External Commercial Borrowings
Syllabus Topic: GS3 - Economy The ECB framework has been in the news recently due to significant, proposed rationalization and liberalization measures announced by the RBI, primarily based on the Draft ECB framework released in October 2025, building on the foundation of a strengthening external sector. External Commercial Borrowings: Basics…