Commenting on the fourth bi-monthly policy of the RBI, The withdrawal of framework related to specified borrowers and allowing M&A financing by Indian banks are growth accretive and will foster incremental credit flow from banks, he added.Extension of timelines for repatriation from foreign currency accounts of Indian exporters in IFSC and forex outlay for Merchanting Trade Transactions, besides simplification of reconciliation processes in EDPMS/IDPMS portals, are welcome steps, as they will further enhan ...