Please
refer to Prudential Regulation-V(b) / Rule-8(b) of the Rules
of Business for NBFIs as amended from time to time.
We have to advise that keeping
in view the capital-intensive nature of the Telecommunication
Sector, the competent authority has been pleased to lower
the debt-equity ratio to 75 : 25 for the aforesaid sector
with immediate effect.
Other
instructions on the subject shall, however, remain unchanged.
Please
acknowledge receipt.
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