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About this Video: After the central bank had tightened foreign borrowings by companies, Governor of Reserve Bank of India D Subbarao on Thursday said that there is no concern of capital inflows building asset bubbles in India as of now. The central bank had said on Wednesday that it would withdraw from Jan. 1 some concessions on External Commercial Borrowings (ECBs) for Indian firms introduced during the global credit crisis, although it also eased rules for the infrastructure and telecoms sectors.
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Added on: Dec 11, 2009
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Tags: Subbarao, capital inflows, Bank of India
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