Infrastructure and manufacturing companies can re-finance a higher proportion of their rupee borrowings via cheaper overseas debt. These infrastructure and manufacturing companies can now tap overseas loans up to 75% of their average forex earnings
A. Only 2
B. Only 1
C. Only 3
D. 2 & 3
Answer:C
Infrastructure and manufacturing companies can re-finance a higher proportion of their rupee borrowings via cheaper overseas debt. These infrastructure and manufacturing companies can now tap overseas loans up to 75% of their average forex earnings
A. Only 2 B. Only 1 C. Only 3 D. 2 & 3