No ECBs land after Sept ’07

Sunny Verma, Surabhi
Posted: May 12, 2008 at 0018 hrs IST
Updated: May 12, 2008 at 0145 hrs IST

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in 2007-08 against $25.4 billion in 2006-07.

“There is now a good reason for revamping the ECB policy in terms of the better availability and pricing of funds. Funds outside the country are drying up and it is not a good idea to continue with this micro-management,” said Ashvin Parekh, National Leader, Financial Services, Ernst & Young....