But he said that for the Portuguese banks, at least, "they are already heavily reliant on borrowingsfrom the European CentralBank" and the move can at least help their capital levels.
Over the past few months, India's consumer inflation has bucked a downtrend in wholesale inflation, constraining the centralbankfrom lowering interest rates aggressively despite facing mounting pressure to make corporate borrowings cheaper and help stimulate an economy growing at its weakest pace in a decade.
Effective October 1, 2002, for borrowings and investments with the BPD and borrowingsfrom the Federal Financing Bank (FFB), agencies will report amounts consistent with those reported by these central fiduciary agencies, except as noted above.